FTSE 100 share index hits four-month high as European markets rally – business live
Rolling coverage of the latest economic and financial news Today’s stock market across Europe comes a day after America’s Dow Jones Industrial Average hit record highs. Chris Beauchamp , chief market analyst at investing and trading platform IG , explains how the ‘market rotation’ out of chip stocks is moving the markets: “June was a spectacular month for the old-economy index that is the Dow Jones, which saw it rally sharply even as the surge in the Nasdaq hit a wall. The index has clocked up new record highs on both days of July trading, and active futures have pushed higher this morning. This is the kind of healthy action investors want to see, as different leadership emerges, while the weaker payroll report has restarted the ‘bad news is good news’ routine, since it helps to push back the dreaded idea of Fed rate hikes. Continue reading...
- Category
- Business
- Published
- Friday, July 3, 2026 at 7:48 AM
- Publisher
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The Guardian Business
