FTSE 100 Hits Record Highs: Navigating the 10,000 Milestone
The FTSE 100 has been on a remarkable journey, recently breaching the psychological 10,000 mark and setting new all-time highs. This significant milestone reflects a culmination of several factors, including resilient corporate earnings, a weaker pound boosting exporter profits, and an overall improvement in investor sentiment towards UK equities. While celebrating these new peaks, traders and investors must now consider whether the rally has further to run or if a period of consolidation is on the horizon. Understanding the forces that propelled the index here is crucial for navigating its next moves.