FTSE Rises as Housing Stocks Jump
UK stock indexes closed higher as housing stocks gained following a government plan to spend 10 billion pounds on affordable housing. Investors also awaited upcoming US earnings and central bank commentary.
Xurve View
Insights:
Xurve View
The United Kingdom's main stock indexes rose Tuesday, led by a 2.5% jump in homebuilders following a government spending plan. The blue-chip FTSE 100 gained 0.3% to 10,886.16 points, while the mid-cap FTSE 250 climbed 0.6% to 24,856.05 points. The gains came as investors awaited upcoming corporate earnings and central bank commentary.
