The FTSE 100 participated in today’s worldwide stock markets surge, invigorated by rejuvenated optimism for the US economy.
Miners and banks weigh on FTSE 100, causing it to drop.
The FTSE 100 index had a weak start, posting its poorest opening in three weeks, as industrial miners and lenders dragged it down.
JPMorgan is gathering deposits as its clients transfer funds to the biggest bank in the US
In Q1, JPMorgan Chase & Co (JPM.N) recorded a substantial increase in deposits, attributed to customers shifting their funds to bigger banks following the sudden failure of two regional U.S.
The pound has experienced a surge in value and is now considered the top performing currency this year
With the Bank of England predicted to continue increasing interest rates, the pound has surged and is now recognized as the best-performing currency among developed economies this year.
London is on the verge of losing its position as the world’s top financial center
According to a report by the City of London Corporation, the City of London is facing the possibility of losing its status as a leading financial center, as New York
The UK economy’s rebound into growth territory has caused the Pound Sterling to surge against the Euro and Dollar.
The UK economy has rebounded into growth territory, according to the latest S&P Global PMI survey findings, which suggests that the country will easily avoid a recession.
FTSE 100 reaches new record high as Centrica shares jump
The FTSE 100 achieved a new record high with the help of positive corporate earnings from Centrica and Standard Chartered, while higher commodity prices buoyed miners.
FTSE 100 closes at record high (again)
The FTSE 100 has ended the trading day on another record high, closing 1.42pc higher at 7,947.60 points.
The FTSE 100 hits record high for third time in a week
The FTSE 100 reached an all-time record, buoyed in part by a string of positive earnings and merger talks linked to Standard Chartered.
FTSE 100 hit a new record high as trading opened in London
After Jerome Powell, the chairman of the US Federal Reserve, indicated that the pace at which interest rates rise might slow down in the new year, the FTSE 100 hit
FTSE 100 breaks all-time high after climbing 1.03pc to 7,900.41 today
After climbing 1.03pc to 7,900.41 today, the FTSE 100 closed at a record-breaking high. This means that the blue-chip index broke the May 22nd, 2018 record of 7,877.45. The FTSE