FTSE 100 Live 04 February: New record as GSK rallies, AI data jitters continue

Ftse 100 skyrockets to ANOTHER record despite 'spooked market' after AI sell-off

Britain's stock market benchmark index surged to a new record earlier today, breaking through the 10,400-point barrier as money flowed out of technology and software shares into alternative sectors.The Ftse 100's gains came against a backdrop of turmoil in global tech markets, with European bourses posting mixed results following overnight losses that swept through Asian exchanges.Wall Street's software sector has borne the brunt of recent selli…

FTSE 100 Live 04 February: New record as GSK rallies, AI data jitters continue

GSK shares today made results-day progress as the FTSE 100 index set a new intraday record.

FTSE 100 surges higher as GSK breaks 2,000p

The FTSE 100 stormed to fresh records again on Wednesday as London’s leading index brushed off concerns about threats to the UK’s leading AI adopters. After closing lower yesterday amid heavy selling in names such as Pearson, RELX, and LSEG, the UK’s leading equity index burst higher to trade above 10,400 for the first time. […] The post FTSE 100 surges higher as GSK breaks 2,000p appeared first on UK Investor Magazine.