FTSE 100 joined by DAX 40 in setting new record high while S&P 500 also rallies

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FTSE 100, DAX 40, S&P 500 Analysis and Charts

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FTSE 100 has so far seen six straight days of record highs

​The FTSE 100 has so far seen six straight days of gains with each making a new record high and may see a seventh on Friday as the UK exits its 2023 recession with better-than-expected 0.6% quarter-over-quarter GDP growth.

​The psychological 8,500 mark represents the next upside target while the April-to-May uptrend line at 8,362 underpins.

FTSE 100 Daily Chart

DAX 40 trades in new record highs

​The DAX 40 has so far seen six consecutive days of gains which have taken it to a new record high on Friday morning with the 19,000 region being targeted.

​Minor support can be spotted at the previous record high made in April at 18,636.

DAX 40 Daily Chart




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