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Wednesday, May 8, 2024

AstraZeneca lifts FTSE 100 to record high; BOE rate decision on tap

London's FTSE on Wednesday 100 stock index soared to unprecedented levels, buoyed by AstraZeneca's strong performance. The pharmaceutical company's global decision to halt its COVID-19 vaccine distribution drove market optimism. Meanwhile, investors eagerly anticipated the Bank of England's announcement on interest rates. By 07:07 GMT, the blue-chip FTSE 100 edged up 0.4% at 8,345.31 to climb another all-time peak.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/L7CG5EQ

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