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The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8 (Kirsty O’Connor/ PA) (PA Wire)
The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8 (Kirsty O’Connor/ PA) (PA Wire)

The FTSE 100 index is set to post further gains today amid contrasting starts to the year for stock markets in New York and London.

The blue-chip index rose 1.4% yesterday, whereas US markets finished lower after a 12% slide for Tesla shares and a 4% drop for iPhone maker Apple that left its valuation below $2 trillion.

With Asia markets mostly trading higher this morning, IG Index expects London’s top flight to consolidate the big gains seen on Tuesday.

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