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FTSE 100 expected to open higher

Published 04/10/2022, 07:02
Updated 04/10/2022, 07:10
© Reuters.  FTSE 100 expected to open higher

© Reuters. FTSE 100 expected to open higher

FTSE 100 is expected to open higher on Tuesday following strong gains in the US on Monday.

Spread betting companies are calling the lead index up by around 46 points.

Markets may take some comfort from the news that the chancellor plans to bring forward publication of fiscal forecasts which will show how his plans will be funded.

US markets started the quarter in an upbeat mood with all three major indices posting significant gains lifted by advances in oil and commodity prices.

At the close the Dow Jones Industrial Index was up 765 points at 29,490, the S&P 500 soared 93 points to 3,678 while the Nasdaq Composite advanced 240 points to 10,815.

Read more on Proactive Investors UK

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