FTSE 100 Live: Stocks to fall; tech slumps after Jensen Huang Nvidia exit

Welcome back to City AM‘s FTSE 100 live blog. Tech stocks are pointing lower on Friday morning, as investors continue to digest the resignation of Nvidia chief executive Jensen Huang, who was ousted following reports of multiple affairs, including one with an alleged Chinese spy. The world s most valuable chipmaker has lost about $500bn in market value since Huang admitted the initial affair. Nasdaq futures are trading about 0.4 per cent lower. The FTSE 100 is due to open into the red. Stick with us for all the latest economic and business news and updates. Here’s a few of our top headlines this morning: Chip-wreck: Nvidia sheds $600bn on Huang exit Who is Nvidia’s new interim CEO? How Labour policy is determining the UK economy’s winners – and losers Poundland secures more time to avert collapse The liveblog has ended.No liveblog updates yet. Load more