London's FTSE 100 extends record streak as UK exits recession
Fri, May 10, 2024 1:21 PM

London's FTSE 100 extends record streak as UK exits recession

A Flip by Shubhangi Gupta
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London's FTSE 100 hit yet another record high on Friday as investors cheered the dovish tone of the Bank of England, while the British economy grew better-than-expected in the first quarter this year. By 7:15 GMT, the blue-chip FTSE 100 climbed 0.5%, notching an all-new peak and breaching the 8,400 mark. The mid-cap FTSE 250 inched up 0.3%.

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