The FTSE 100 hits a new record high thanks to mining stocks. HSBC and Rolls-Royce lead the gains in the Morningstar UK Index. Investors may be ignoring the impact of Trump’s tariffs on European equities. The UK, Germany, and Italy markets are up, with financial services leading. Europe is optimistic about trade deals and rate cuts. The Morningstar Germany and Italy Indexes see significant gains. European shares are holding onto yesterday’s gains, with investors looking to diversify.
Read more at Morningstar: What’s Driving the FTSE 100 to Record Highs?