Economics
U.K.’s FTSE 100 Rides Past Record, Reaching 7,000 for First Time
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After extending its all-time high four times this year, the FTSE 100 Index hit a fresh record and climbed above 7,000 for the first time.
The benchmark gauge of U.K. stocks climbed 0.9 percent to close at 7,022.51 in London, doubling since a low in 2009. The index first surpassed its 2000 record last month, having taken more than 15 years for it to regain all the losses from the burst of the tech bubble.