{"id":141489,"title":"FTSE 100 Set to Rise 0.3% as Tech Rally Lifts Global Markets","publisher":"Share Talk","author":"sharetalk","published":"2026-10-06T06:28:32+00:00","modified":"2026-10-06T06:28:32+00:00","canonical_url":"https://www.share-talk.com/ftse-100-set-to-rise-0-3-as-tech-rally-lifts-global-markets/","markdown_url":"https://www.share-talk.com/ftse-100-set-to-rise-0-3-as-tech-rally-lifts-global-markets.md","json_url":"https://www.share-talk.com/ftse-100-set-to-rise-0-3-as-tech-rally-lifts-global-markets.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["Asia","Bangkok","Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Hong kong","Japan","London","Manila","mining stocks","Mumbai","Nasdaq Composite","NATO alliance","Netherlands","Nikkei 225","Norway","S&P 500","shanghai","Singapore","Sweden","Sydney","Taiwan","UK","United States","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/10/7cce8e9f-44d4-4341-9017-362c41479a05.png?fit=1727%2C911&ssl=1","format":"news","language":"en-GB","content":"**The FTSE 100 is expected to open around 35 points, or 0.3%, higher at approximately 10,533.14 on Tuesday**, extending Monday’s modest advance. London’s blue-chip index closed **35.99 points, or 0.3%, higher at 10,497.94 on Monday**.\n\nThe positive open follows another strong, technology-led session on Wall Street. The **Dow Jones Industrial Average gained 0.2%, the S&P 500 rose 0.7%, and the Nasdaq Composite advanced 1.1%** on Monday.\n\nTechnology shares continued to defy elevated bond yields, with investors increasingly viewing the largest AI-related companies as better able to sustain heavy investment because of their strong cash generation and balance sheets.\n\nJapan’s **Nikkei 225 gained 0.7%**, Hong Kong’s Hang Seng rose 0.8% and Australia’s S&P/ASX 200 added 0.6%. Mainland Chinese financial markets remained closed.\n\nThe **US 10-year Treasury yield was around 5.32%**, little changed from Monday, while the 30-year yield remained close to 5.68%. Those levels remain historically elevated and continue to increase financing costs and put pressure on valuations, even though equity markets have so far absorbed them relatively well.\n\nSterling traded around **$1.3217**, while the euro recovered slightly to $1.1213 after coming under pressure from concerns over France’s fiscal position. The dollar strengthened modestly against the yen to approximately **¥158.15**.\n\n**Brent crude fell to around $100.90 a barrel from $102.32 late on Monday**, although prices remain well above pre-conflict levels.\n\nIran-backed Houthi forces in Yemen said they had targeted **King Khalid International Airport in Riyadh, an Aramco refinery at Rabigh and other Saudi sites** using drones and missiles. Reuters said those claims had not been independently verified at the time of reporting.\n\nThe continuing attacks underline the vulnerability of regional energy infrastructure even as Gulf oil exports have recovered significantly.\n\nGold eased to around **$4,124 an ounce**, from $4,137 late on Monday.\n\nIn the US, President **Donald Trump signed an executive order expanding access to red-dyed diesel**, which is normally restricted to tax-advantaged off-road and agricultural uses.\n\nThe order temporarily broadens access and directs the US Treasury to defer federal excise tax obligations on the fuel for the remainder of 2026, as the administration seeks to reduce the impact of record diesel prices.\n\nHowever, the measure changes the tax treatment and availability of existing diesel rather than increasing underlying fuel supply.\n\nFor investors, Tuesday’s economic calendar includes **eurozone retail sales, French industrial production, German factory orders and US trade data**.\n\nThe immediate market picture therefore remains constructive but finely balanced.\n\nEquities are benefiting from **strong technology earnings expectations and reduced near-term Federal Reserve tightening fears**, while elevated Treasury yields, oil prices above $100 and continuing Middle East instability remain significant risks to the rally."}