FTSE 100 hits record closing high amid hopes of interest rate cuts
UK’s blue-chip index ended trading at 8,023, its highest close ever, as pound falls against dollarBusiness live – latest updatesThe UK stock market has hit a record closing high, amid optimism that the Bank of England will cut interest rates twice this year and easing geopolitical tensions in the Middle East.The FTSE 100 index of blue-chip stocks listed in London ended trading on Monday above its previous closing peak, set in February 2023, helped by rate cut hopes and a weakening pound. Continue reading...
UK’s blue-chip index ended trading at 8,023, its highest close ever, as pound falls against dollar
The UK stock market has hit a record closing high, amid optimism that the Bank of England will cut interest rates twice this year and easing geopolitical tensions in the Middle East.
The FTSE 100 index of blue-chip stocks listed in London ended trading on Monday above its previous closing peak, set in February 2023, helped by rate cut hopes and a weakening pound. Continue reading...
usnews
US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.
