The FTSE 100 looks set to catch its breath on Wednesday after two sessions of powerful gains that pushed London’s blue-chip index to the brink of the 10,000 mark.
Futures trading suggests a modest dip of 1.5 points at the open, following Tuesday’s 112.45-point surge that took the FTSE 100 to a record closing high of 9,899.6. The index has now added more than 230 points in just two days amid a wave of global market optimism.
Overnight on Wall Street, it was a mixed session. The Dow Jones Industrial Average rose 1.2% to a new record high, buoyed by hopes that Washington is close to ending the record-long US government shutdown.
The S&P 500 edged up 0.2%, while the Nasdaq Composite slipped 0.3% as heavyweight tech stocks — including Nvidia — struggled to sustain momentum.
In Asia, markets opened mostly higher, with Japan’s Nikkei leading modest gains as investors tracked the positive sentiment from the US.
