FTSE 100 Index Surges to New Record Amid Positive Market Sentiment

The FTSE 100 index ascended to an unprecedented high this morning, mirroring the positive sentiment that propelled the US market following signs of recovery from last week’s tech sector volatility. The Nasdaq Composite witnessed a 1.6% gain, while the S&P 500 index closed 1.2% higher in anticipation of crucial earnings reports from Meta Platforms, Microsoft, and Alphabet. Meanwhile, Tesla shares climbed 13% in after-hours trading after releasing first-quarter results that included plans to expedite the introduction of more budget-friendly vehicles.

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