{"id":58344,"date":"2025-04-07T11:06:41","date_gmt":"2025-04-07T11:06:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/07\/ftse-100-down-more-than-4-after-dismal-start\/"},"modified":"2025-04-07T11:06:41","modified_gmt":"2025-04-07T11:06:41","slug":"ftse-100-down-more-than-4-after-dismal-start","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/07\/ftse-100-down-more-than-4-after-dismal-start\/","title":{"rendered":"FTSE 100 Down More Than 4% After Dismal Start"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks are reeling under a severe bout of selling pressure on Monday, mirroring the sell-off in global <span class=\"landLinks\">markets<\/span> amid rising fears of a recession due to U.S. President Donald Trump&#8217;s tariffs on almost all goods imported into America, and China&#8217;s retaliatory move in reaction to the U.S.&#8217;s move.<\/p>\n<p>Selling is widespread and not a single sector has been spared. The benchmark FTSE 100, which dropped to 7,538.25 earlier in the session, losing nearly 520 points in the process, is down 338.23 points or 4.2% at 7,716.75 a little past noon.<\/p>\n<p>Entain, up 0.6%, is the lone stock among the FTSE 100 constituents to have moved above the flat line.<\/p>\n<p>Melrose Industries, Intermediate Capital Group, Scottish Mortgage, Shell, Croda International, Games Workshop, Polar Capital Technology Trust, Relx, WPP, Halma and Convatec Group are down 5 to 7%.<\/p>\n<p>Informa, BP, AstraZeneca, IAG, BP, Haleon, Smiths Group, Unilever, GSK, Intertek Group, M&amp;G, National Grid, Segro, Coca-Cola HBC, Schroders, Prudential, Weir Group, British American Tobacco, Reckitt Benckiser, Next and BT Group are down 3 to 5%.<\/p>\n<p>In economic news, UK house prices dropped for the second straight month in March as stamp duty holiday ended amid weaker economic outlook, mortgage lender Halifax said Monday.<\/p>\n<p>House prices slid unexpectedly by 0.5% month-on-month, bigger than February&#8217;s 0.2% drop. This was the second consecutive decline. Prices were forecast to climb 0.2%.<\/p>\n<p>On a yearly basis, growth in house prices remained at 2.8% in January. Average property price cost GBP 296,699 compared to GBP 298,274 in previous month. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Down More Than 4% After Dismal Start<\/a><br \/>\n<br \/>2025-04-07 11:06:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks are reeling under a severe bout of selling pressure on Monday, mirroring the sell-off in global markets amid rising fears of a recession due to U.S. President Donald&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-58344","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=58344"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58345"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}