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FTSE 100 just smashed through 10,000 for the first time ever after a 22% surge in 2025, beating both the Stoxx 600 and S&P 500.
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The rally was all about banks and miners, who led the charge during the index’s best year since 2009.
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European stocks also kicked off the new year strong, with the Stoxx 600 hitting all-time highs; tech and commodity names are stealing the spotlight.
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Sterling’s hanging just below recent highs at $1.3447, barely moving against either the dollar or euro.



