Dow Jones smashes 30,000 point barrier in global stock market rally

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

US stock values register another milestone in a year that has seen the FTSE 100 struggle to keep pace in London.

The FTSE 100, in London, has lagged the recovery witnessed in the United States since February's rout for values and remains 15% down in the year to date.

It ended the day 1.6% higher at 6,432 points with virus-ravaged energy, travel and financial stocks all benefiting.But the scale of the challenge facing the FTSE becomes clear when its lifetime high - just above 7,900 points - is viewed in the rear view mirror.The FTSE has been hurt during the crisis by its deep exposure to mining giants and lack of technology firms - the latter being companies that have helped the S&P 500 almost reach new milestone highs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines