FTSE 100 Live: Banks lead fallers amidst AI fears, Blue Owl spillover, US tariffs begin

While Friday’s announcement striking down the use of tariffs under IEEPA created a short-term relief rally for stocks, the backlash from the EU and UK "might have had some impact", Wilson says.There are three main issues for investors are considering right now, says market analyst Neil Wilson at Saxo: one is the impact of AI on the software and tech spaces, which is "spreading contagion risk" across equity and credit markets; two is macro uncertainty from the "tariff mess and possible risks of an escalatory ...