FTSE ticks 1% higher after Wall St gains

clock

The FTSE advanced in early trading following positive overnight signs in the US and a mini rally in Asia.

London's leading index is up 0.96% at 5,158.47, having closed down 0.9% the previous day at 5,109.4. It comes after a strong finish in US markets despite concerns over durable goods orders and a decline in new home sales. The Dow Jones dipped below 10,000 in early trading on Wednesday before rebounding to finish 0.2% higher at 10,060. Kazakhmys is one of the big FTSE winners so far, gaining 3.45% to £11.10 after revealing revenues and profits increased in H1. Eurasian Natural Resources has also risen, by 2.78% to 850p. Other European markets have followed London's lead with the...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Why higher bond yields aren't causing a Mini-Budget meltdown

Why higher bond yields aren't causing a Mini-Budget meltdown

'One thing we know about Rachel Reeves is she will live or die by her fiscal rules'

Laith Khalaf
clock 07 October 2025 • 5 min read
City 'has lost sympathy with this Labour government' - George Osborne

City 'has lost sympathy with this Labour government' - George Osborne

Former chancellor defends the OBR

Michael Nelson
clock 01 October 2025 • 3 min read
Labour remains 'unequivocal in our commitment to economic responsibility' - Chancellor

Labour remains 'unequivocal in our commitment to economic responsibility' - Chancellor

Rachel Reeves was speaking at the Labour Party conference

Linus Uhlig
clock 29 September 2025 • 3 min read