{"id":470978,"date":"2025-10-03T11:39:16","date_gmt":"2025-10-03T11:39:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/470978\/"},"modified":"2025-10-03T11:39:16","modified_gmt":"2025-10-03T11:39:16","slug":"ftse-100-surges-to-record-high-after-us-tech-rally","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/470978\/","title":{"rendered":"FTSE 100 surges to record high after US tech rally"},"content":{"rendered":"

The FTSE 100 surged to fresh record highs on Friday as the index rode the coattails of an AI-inspired US tech rally overnight, which also saw the S&P 500 scale record levels.<\/p>\n

UK investors will be delighted to see the FTSE 100 trading just a whisker away from 9,500 in a broad-based rally.<\/p>\n

– Advertisement –
\n\"\"<\/a><\/p>\n

\u201cThe FTSE 100 reached new record highs in early trading on Friday as investors shrugged off concerns about the US government shutdown,\u201d said\u00a0AJ Bell investment director Russ Mould.<\/p>\n

\u201cNews of OpenAI\u2019s valuation reaching $500 billion, making it the world\u2019s most valuable private company, helped fire enthusiasm in the tech sector and push US indices to new records yesterday.\u201d<\/p>\n

The positive sentiment from the US seeped into the European session, and London\u2019s leading index gained 0.7% to 9,490. The FTSE 100 is now 14.9% higher year-to-date and is on track for the best annual return since 2009, when the index rose 22%. <\/p>\n

A pickup in IPO activity on Friday also helped lift the mood. The Beauty Tech Group made a strong start in its life as a London-listed company after listing at 271p in a \u00a3300m London Stock Exchange IPO, and the Princes Group announced its intention to list in London. <\/p>\n

\u201cThe UK stock market has been starved of new blood in recent years, with IPOs being thin on the ground,\u201d said Dan Coatsworth, head of markets at AJ Bell.<\/p>\n

\u201cIt\u2019s therefore encouraging to see activity levels start to pick up. Investors are keen for new stock ideas and two new listings have the potential to grab the market\u2019s attention.\u201d<\/p>\n

The FTSE 100\u2019s gains were broad on Friday, with around 80 of the FTSE 100 constituents trading higher at the time of writing.<\/p>\n

Bunzl benefited from a broker upgrade, and shares soared 4% to the top of the FTSE 100 leaderboard. Schroders also enjoyed a positive broker rating and gained 3%.<\/p>\n

There will be no Non-Farm Payrolls report today due to the US government shutdown, so investors will have to wait a little longer for the next economic data point and hints of further rate cuts. <\/p>\n","protected":false},"excerpt":{"rendered":"The FTSE 100 surged to fresh record highs on Friday as the index rode the coattails of an…\n","protected":false},"author":2,"featured_media":237268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[49,978,659],"class_list":{"0":"post-470978","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-united-states","9":"tag-us","10":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115310045940038827","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/470978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=470978"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/470978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/237268"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=470978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=470978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=470978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}