Sun. Sep 27th, 2020

UK stock market in biggest one-day rally since 2016 amid ‘Boris bounce’ – business live

Rolling coverage of the latest economic and financial news

2.47pm GMT

Wall Street has also opened at a record high, as trade war optimism ripples through New York.

Both the broad S&P 500 index and the tech-focused Nasdaq indices hit new peaks.

STOCKS AT THE OPEN:
– Dow up 0.35%
– Nasdaq up 0.68%
– S&P up 0.67% pic.twitter.com/wo3h7yjgfh

2.40pm GMT

Boom! The FTSE 250 index has hit a new record high.

The index of medium-sized companies is up 385 points today, or 1.8%, at 21893.

Continue reading…Rolling coverage of the latest economic and financial newsLatest: FTSE 100 has surged by 190 points todayBiggest one-day jump in over three yearsUK PMIs show economy struggling in DecemberPMI falls to 48.5, showing sharpest contraction in 41 monthsIntroduction: US-China trade deal lifts marketsEnd of political paralysis in UK 2.47pm GMTWall Street has also opened at a record high, as trade war optimism ripples through New York.Both the broad S&P 500 index and the tech-focused Nasdaq indices hit new peaks.STOCKS AT THE OPEN:- Dow up 0.35% – Nasdaq up 0.68% – S&P up 0.67% pic.twitter.com/wo3h7yjgfh 2.40pm GMTBoom! The FTSE 250 index has hit a new record high.The index of medium-sized companies is up 385 points today, or 1.8%, at 21893. Continue reading…

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