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Evening Standard
Evening Standard
Business
Jeremy Cutler

FTSE fades after bright start amid tech worry

European technology stocks were on the back foot on Tuesday (James Manning/PA) - (PA Archive)

The FTSE 100 gave back early gains to end slightly lower on Tuesday amid concerns over technology valuations.

“There are growing fears that companies are investing so much money into AI without a clear idea of the timing or scale of financial payback,” said Dan Coatsworth, head of markets at AJ Bell.

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