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FTSE 100 ends higher but doesn't crack 7,100; US markets mixed after Nasdaq reverses course lower

Follow John on: FTSE 100 ends higher but doesn t crack 7,100; US markets mixed after Nasdaq reverses course lower Helped by the weakness of sterling, the FTSE 100 posted decent gains Manufacturers are going full-pelt but rising input prices are a concern FTSE 100 rises 58 points US indices mixed as Nasdaq slides Asia-focused banks suffer 5.15pm: FTSE can t quite reach 7,100 London s leading index closed Tuesday up 58 points, 0.8%, at 7,080, while the FTSE 250 gained 191 points, 0.8%, to end at 22,875. US and UK investors have returned from their holiday in bullish form, picking up where they left off on Friday, IG Chief Market Analyst Chris Beauchamp wrote. Growth sectors such as health care and tech stocks continue to struggle compared to the cyclical areas such as mining and banking, while in the UK commodity prices have driven the gains for the FTSE 100, thanks to the strong showing in the US and Chinese manufacturing PMIs.

Bloomsbury Publishing completes acquisition of Red Globe Press | 1 June 2021

Bloomsbury Publishing completes acquisition of Red Globe Press

FTSE 100 gives up some gains; US indices to open higher as OPEC+ meeting kicks off

Shortly after the opening bell in New York, the Dow Jones was up 0.88% while the S&P 500 climbed 0.67% and the Nasdaq rose 0.52%