And finally….Britain’s stock market has closed higher tonight. The FTSE 100 index of blue-chip shares has just ended the day 26 points higher at 10,679, a gain of 0.25%. That’s its highest closing level in four months, since 2 March – the first trading day after the Iran war began. The smaller FTSE 250 index gained 0.5% today. Despite this morning’s disappointing service sector data, investors remained confident after fears of interest rate rises this year faded. There’s also a continuing ‘rotation’ out of AI and chip stocks and into other sectors (although Wall Street is closed today, so we’ll see next week if this trend continues). These factors helped to push Germany’s DAX share index to a new record high today too. David Morrison, senior market analyst at fintech and financial services provider Trade Nation, explains: Both the Euro Stoxx 50 and German DAX soared to fresh all-time highs this morning. The UK’s FTSE 100 was a touch weaker, while the FTSE 250 was a bit stronger. Overal
UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live
And finally….Britain’s stock market has closed higher tonight. The FTSE 100 index of blue-chip shares has just ended the day 26 points higher at 10,679, a gain of 0.25%. That’s its highest closing level in...