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FTSE 100 called higher after US Senate approves debt ceiling bill

Published 02/06/2023, 07:15
© Reuters.  FTSE 100 called higher after US Senate approves debt ceiling bill
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Proactive Investors - The FTSE 100 is predicted to open higher on Friday after the Senate passed legislation allowing the US to avoid an unprecedented debt default, sparking strong gains in Asian markets.

Spread betting companies are calling London’s lead index up by around 30 points.

In Tokyo on Friday, the Nikkei 225 index was up 1.1%. The Shanghai Composite was up 0.8%, while the Hang Seng index in Hong Kong was up 3.7%.

On Thursday, US stocks had also closed higher. The Dow Jones Industrial Average rose 153.30 points, or 0.5%, to 33,061.57. The S&P 500 gained 41.19 points, 1.0%, at 4,221.02 and the Nasdaq Composite jumped 165.70 points, 1.3%, at 13,100.98.

Attention now switches to the US non-farm payrolls figures due this afternoon.

Read more on Proactive Investors UK

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