February 3, 2026 – London The FTSE 100 surged to a new record high on Tuesday as investors responded positively to stabilising inflation data and rising commodity prices.
Mining and energy stocks led gains, reflecting strong performance in global metals markets. Financial shares also contributed to the rally.
Market analysts noted improved investor sentiment following recent economic indicators suggesting price pressures may be easing.
“Markets are pricing in a more predictable policy environment,” one investment strategist said.
Despite optimism, volatility remains a possibility amid geopolitical risks.
The pound remained relatively steady against major currencies.
Investors will be watching upcoming Bank of England guidance for further direction.
