FTSE 100 Starts Week Lower
2026-02-23 08:44
By
Agna Gabriel
1 min. read
The FTSE 100 traded 0.2% lower on Monday, after the UK benchmark notched its best week of the year, as renewed tariff uncertainty weighs on sentiment.
Trade policy confusion returned to the forefront after the Supreme Court struck down President Donald Trump’s reciprocal tariff policy, prompting him to announce 10% global tariffs before revising them to 15%.
The shifting stance is unsettling markets at the start of the week.
Stocks most exposed to US tariffs lead losses, particularly overseas earners.
AstraZeneca, BAE Systems and BAT are among the biggest drags.
Financials and miners limit the decline as gold and silver gain on haven demand.
Fresnillo and Endeavour Mining rise over 3%, while JD Sports jumps more than 3.5% on a £200 million buyback plan.
Antofagasta, Glencore and Anglo American trade higher.