FTSE 100 live: UK gears up for the general election
![](https://cdn.statically.io/img/www.cityam.com/wp-content/uploads/2024/04/GettyImages-1642393956.jpg?w=742)
The latest updates on the FTSE 100 and London’s financial markets from City A.M.’s newsroom in the heart of the City of London.
US stocks achieved new record highs, driven by strong performances from major technology companies.
Overnight, the Dow Jones Industrial Average gained 0.41 per cent to reach 39,331.85, while the S&P 500 rose by 0.62 per cent to 5,509.01, and the Nasdaq Composite advanced 0.84 per cent to 18,028.76.
On Wall Street, major indices closed higher after a volatile trading day, driven by strong performances in consumer discretionary, financials, communication services, and consumer staples sectors. However, healthcare and energy stocks weighed on overall market gains.
Tech giants like Apple and Amazon contributed to the positive momentum, with gains of 1.6 per cent and 1.4 per cent, respectively. Tesla surged more than 10 per cent following robust quarterly sales figures.
US financial markets will be closed on Thursday for the July 4 holiday.
The UK is gearing up to go to the polls tomorrow. You can follow our live election coverage here.