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

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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.

 

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