{"id":129131,"title":"Britain’s blue-chip stock index has ended the day at a new closing high.","publisher":"Share Talk","author":"sharetalk","published":"2025-11-10T17:25:10+00:00","modified":"2025-11-10T17:25:10+00:00","canonical_url":"https://www.share-talk.com/britains-blue-chip-stock-index-has-ended-the-day-at-a-new-closing-high/","markdown_url":"https://www.share-talk.com/britains-blue-chip-stock-index-has-ended-the-day-at-a-new-closing-high.md","json_url":"https://www.share-talk.com/britains-blue-chip-stock-index-has-ended-the-day-at-a-new-closing-high.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["AstraZeneca","BT","Diageo","Federal Reserve","FREE","FTSE 100","FTSE 250","FTSE100","Howden Joinery","ITV","National Grid","Sainsburys","Smith & Nephew","Tate & Lyle","Vistry","WISE"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/dreamstime_l_220888494-scaled-1-1.webp?fit=1200%2C650&ssl=1","format":"news","language":"en-GB","content":"**FTSE 100 Hits Record High as Global Markets Rally on Hopes of US Shutdown Deal**\n\nThe **FTSE 100** surged to a **record high on Monday**, lifted by a global market rally amid growing optimism that the historic US government shutdown could soon be over.\n\nLondon’s blue-chip index **closed up 1.1% at 9,787**, surpassing its previous record finish on October 30, and briefly touching a **new intraday high of 9,800**. The **FTSE 250** also climbed more than **1%** as investor sentiment brightened across major markets.\n\nThe day’s gains were led by **Fresnillo**, which jumped more than **6%**, and **Diageo**, up **5.5%** after the drinks giant announced the appointment of a new chief executive.\n\nThe rally followed encouraging developments in Washington, where the **US Senate advanced a measure** to reopen the federal government and end a **40-day shutdown** that has furloughed federal workers, delayed food aid, and disrupted air travel.\n\nEight Democratic senators joined Republicans in backing an amended funding bill that would keep the government open until **January 30**. According to crypto prediction market **Polymarket**, the odds of the shutdown ending by month’s end have climbed to **98%**.\n\nOn Wall Street, stocks opened sharply higher following the breakthrough. The **Nasdaq Composite** jumped **2%**, rebounding from last week’s tech sell-off, as investors rotated back into high-growth names. **Nvidia** shares rose nearly **5%** in early trading, while **Amazon** climbed more than **3%**.\n\nThe rebound came after **Donald Trump** acknowledged last week that the shutdown was beginning to weigh on financial markets. Over the weekend, the US president proposed a **$2,000 “tariff dividend”** for Americans—a move analysts interpreted as an attempt to stimulate the economy.\n\nAsian markets also joined the global upswing overnight, with **South Korea’s Kospi** up **3%**, **Japan’s Nikkei** rising **1.3%**, and **Hong Kong’s Hang Seng** gaining **1.6%**.\n\n**Prashant Newnaha**, analyst at **TD Securities**, said: “A possible end to the longest-running US shutdown is a positive for markets. Our expectation is that the next step is for a House vote on Wednesday, with the government set to reopen this Friday.”"}