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FTSE hits new record as global markets edge higher
Summary
The FTSE 100 closed above 10,000 for the first time, while the Dow Jones Industrial Average reached about 49,221 as US and Asian markets also moved higher amid shifts in oil, copper and tech sectors.
Content
Global equity indexes moved higher on Tuesday as several market drivers converged. The UK’s FTSE 100 closed above 10,000 for the first time, while US benchmarks advanced amid gains in technology and energy names. Commodity moves and geopolitical developments were cited as supporting factors. Investors were also awaiting key US jobs data later in the week.
Key market moves:
- The FTSE 100 closed above 10,000, marking a fresh milestone for the index, according to the article.
- The Dow Jones Industrial Average was reported at about 49,221.13 after recent record highs.
- The article mentions Amazon rose about 2% after announcing Alexa.com, and Nvidia shares rose after a chip unveiling at CES.
- Copper climbed to record levels above $13,000 a ton on concerns around supply and tariff-related flows.
- Oil prices moved with volatility: Brent traded near the low $60s a barrel and West Texas Intermediate was reported above $58.
- The article links market reactions to reported events in Venezuela, including the capture of Nicolás Maduro and government discussions about Venezuela’s oil, and notes planned talks between US officials and oil firms.
Summary:
Markets across the UK, US and Asia showed broad gains driven by technology announcements, commodity price moves and geopolitical developments. Key economic data due later this week, including US employment figures, were highlighted as the next scheduled market focus.
Sources
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FTSE hits new record as global markets edge higher
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