UK’s FTSE 100 breaks record for longest winning streak
- On May 2, 2025, the FTSE 100 extended its rally by finishing above the previous session for the 12th day in a row, marking its most sustained upward run in more than eight years.
- The rally followed easing US-China trade tensions and a pause in tariff impositions, though some uncertainty about future trade policy remains.
- Blue-Chip shares including Howden Joinery, Entain, HSBC, and Kingfisher led gains while miners and some retailers like Marks & Spencer declined amid cyber issues.
- The FTSE 100 index rose 46 points to 8,463, its highest close in three weeks, with Sterling strengthening 4% against the euro and 0.8% versus the dollar.
- This extended winning streak suggests cautious market optimism supported by better corporate results and reduced trade-war fears, though risks remain for investors.
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Total News Sources10
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
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- 75% of the sources are Center
75% Center
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C 75%
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