FTSE 100 Live 23 January: Index seen lower, Primark owner posts update

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FTSE 100 Live 23 January: Index seen lower, Primark owner posts update
Author: Graeme Evans
Published: Jan, 23 2025 07:06

The S&P 500 index touched a fresh record last night after Donald Trump’s AI infrastructure initiative boosted tech stocks. The Dow Jones Industrial Average lifted 0.3%, with the S&P 500 index up 0.6% and the Nasdaq 1.3% higher at a closing level of more than 20,000.

The UK’s FTSE 100 index is forecast to fall 30 points from this week’s record levels, having closed last night’s session broadly unchanged at 8545.13. The pound is just above $1.23 while Brent Crude is at $78.64 a barrel after a run of five sessions in the red.

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