{"id":124692,"title":"The FTSE 100 Approaches 9,000 Landmark","publisher":"Share Talk","author":"sharetalk","published":"2025-07-10T16:01:48+00:00","modified":"2025-07-10T16:13:26+00:00","canonical_url":"https://www.share-talk.com/the-ftse-100-approaches-9000-landmark/","markdown_url":"https://www.share-talk.com/the-ftse-100-approaches-9000-landmark.md","json_url":"https://www.share-talk.com/the-ftse-100-approaches-9000-landmark.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["Barratt Redrow","blue-chip","china","FTSE 100","FTSE 250","Geneva","Howard Lutnick","Index","Jamieson Greer","London","Marks & Spencer","President Trump","Rare Earths","Scott Bessent","Taylor Wimpey","trade agreement","Trade Talks","Treasury Secretary","UK","United States","US delegation","USA","Vice Premier He Lifeng"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/FTSE-100-15-NOV-23.jpg?fit=1200%2C800&ssl=1","format":"news","language":"en-GB","content":"**FTSE 100 Nears 9,000 as Mining Stocks Drive Gains**\n\nThe FTSE 100 surged today, rising 1.2% in early figures to just below the 9,000 mark, while the FTSE 250 added 0.5%, reflecting continued investor confidence.\n\nDanni Hewson, head of financial analysis at AJ Bell, noted the significance of the milestone:\n\n“It’s remarkable to think that it was only last year when the FTSE 100 finally held above the key 8,000 level. It had briefly touched that peak a year prior but quickly retreated, so seeing it edge closer to 9,000 now feels almost surreal.”\n\nMining stocks led the rally, giving a strong boost to the index, which has maintained upward momentum for much of the year, aside from a brief dip following Liberation Day.\n\n“Today’s surge has been fuelled by London-listed miners, with investors digesting Donald Trump’s new tariffs on copper,” Hewson explained. “The resulting price spike has created short-term opportunities.”\n\nShe added that the U.S. faces a long road in scaling up its copper production and processing capacity, with copper remaining essential for electric vehicles, smartphones, and the power grid:\n\n“Demand in the U.S. isn’t going to ease anytime soon, leaving importers squeezed. In the end, it’s the American consumer who’s likely to bear the cost.”\n\n**FTSE 100 Closes at New Record High as Miners Lead the Charge**\n\nThe FTSE 100 capped off a strong day of trading with a new record closing high, finishing up 108.64 points, or 1.23%, at 8,975.66.\n\nEarlier in the session, the index also hit a fresh intraday peak of 8,979, reflecting growing investor confidence.\n\nMining stocks powered the rally, with Glencore surging 3.9%, Rio Tinto up 3.9%, and Anglo American gaining 3.7%. Equipment rental group Ashtead also featured among the top risers, climbing 3.8%.\n\nThe day’s performance marks another milestone in the FTSE 100’s bullish run, driven by strength in commodities and global optimism despite geopolitical headwinds."}