FTSE 100 Live: Stocks to dip as tech rebounds from sell-off; Oil set for weekly gain

Welcome back to City AM‘s FTSE 100 live blog. London s blue-chip index is poised to dip this morning as tech stocks rebound after a sell-off earlier in the week. Over in Asia, equities bounced back overnight, reversing some of the losses from a heavy selling session after investors ditched their tech exposure following questions around cloud company Corewave s debt pile fuelling fears of AI financing. South Korea s Kospi climbed 2.8 per cent, following on from a near eight per cent plunge the day prior. Meanwhile, Brent crude was trading above $105 per barrel on Friday morning, putting it on track for a weekly gain following mounting supply concerns in the Middle East. It comes after broader nerves around the safety of shipping routes in the region after the US Central Command confirmed a Singapore-flagged container ship was sank by an Iranian projectile. Stick with us throughout the day for the latest news from the London Stock Exchange and the wider business world, as