FTSE 100 Reaches Record Intraday High Amid Global Tech Sell-Off
UKPulse Markets Desk
London's leading share index, the FTSE 100, climbed to a new intraday record of 10,951 today, surpassing a previous peak set in February. This rise occurred despite a second day of losses for AI chip-makers in the US and Asia.
- The FTSE 100 reached an intraday high of 10,951.
- The index climbed by as much as 0.7%, or 80 points.
- This new peak surpasses a previous record seen in February.
The FTSE 100, London's leading share index, achieved a new intraday record today, reaching 10,951. The index saw a climb of up to 0.7%, or 80 points, moving above a previous peak recorded in February.
This performance by the Footsie occurred as AI chip-makers in the US and Asia experienced a second consecutive day of losses.