FTSE 100 closes 1.04% lower at 10,670.50 points
Published on 11/06/2026 at 18:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE 100 ends week under pressure
- The FTSE 100 closed at 10,670.50 points on Friday, November 6, down 1.04% from Thursday's close.
- Technology-related risk aversion spread from Wall Street and Asia into European equities, with artificial-intelligence investment concerns weighing on sentiment.
- London's benchmark initially opened sharply lower and remained volatile as investors assessed the implications of tighter potential US restrictions on AI infrastructure.
The FTSE 100 ended Friday's session at 10,670.50 points, down 1.04% from Thursday's close of 10,782.66. The decline extended a sharp reversal in market sentiment after the UK benchmark had recently approached record levels. Friday's move was reported as the index's second consecutive daily fall.
Global technology selling weighs
The main pressure came from a broad equity sell-off that began in the United States and spread through Asian and European markets. Reuters reported that concerns about artificial-intelligence investment intensified after the Democrats captured both chambers of the US Congress. Investors were assessing the possibility of tighter restrictions on AI projects, slower data-centre construction and more cautious spending by large technology companies.
The technology-heavy Nasdaq Composite had fallen 5.5% on Thursday, while stock markets in Tokyo and Seoul also ended the week sharply lower. These developments created a difficult backdrop for European equities, even though the FTSE 100 has comparatively limited direct technology exposure.
Sharp opening decline moderated
The index opened at 10,618.33 points, down 164.33 points, or 1.5%, according to Alliance News. At midday, the index was reported at 10,542.10 points, down 2.3%, before recovering some ground into the close. The final market-data level of 10,670.50 points was shown by Investing.com, while MT Newswires described the closing loss as 1.04%.
Investors assess broader risks
The sell-off was not limited to technology shares. Higher borrowing costs, geopolitical uncertainty and weaker risk appetite added to pressure across European markets. UK housing data also showed that average house prices fell 0.6% month on month in October, with annual prices down 1.2%, according to MT Newswires. That data added to the broader picture of a challenging domestic economic backdrop, although it was not presented as the direct cause of the index's daily move.
For investors, the session highlighted the sensitivity of global equity valuations to expectations for AI spending, regulation and financing conditions. The FTSE 100's defensive and commodity-heavy composition provided some relative support during the day, but did not prevent a second consecutive decline. Further market direction will depend on how US technology shares respond and whether concerns over AI investment broaden into a wider reassessment of corporate growth expectations. More FTSE 100 coverage is available on the FTSE 100 topic page.
