The FTSE 100 index touched 8,076 points at the opening bell on Tuesday, surpassing a previous high of 8,047 reached in February 2023.The FTSE 100 index touched 8,076 points at the opening bell on Tuesday, surpassing a previous high of 8,047 reached in February 2023.
This has led to divergent fortunes for both countries’ currencies, causing the pound to weaken. Lower interest rates mean lower returns for investors.The UK has been in the shadows of the US stock market for the past decade, partly because of the FTSE’s low exposure to the tech sector. That has proved a surprise boon in recent months, however, after nearlylast week.
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