Article 6M959 FTSE 100 hits record high as shares rise amid hopes of interest rate cuts

FTSE 100 hits record high as shares rise amid hopes of interest rate cuts

by
Graeme Wearden
from Economics | The Guardian on (#6M959)

UK's blue-chip index reaches 8,076, surpassing previous high of 8,047 in February 2023

The UK stock market hit a record high on Tuesday, as shares were lifted by hopes of interest rate cuts and an easing of geopolitical tensions.

The FTSE 100 index of blue-chip stocks listed in London hit 8,076 points on Tuesday, surpassing a previous high of 8,047 in February 2023.

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