London stocks rose in early trade on Tuesday, helped along by solid performances from the likes of HSBC and Coca-Cola HBC, as investors eyed the start of the Federal Reserve’s two-day policy meeting.
At 0850 BST, the FTSE 100 was 0.3% firmer at 8,172.36.
Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “The FTSE 100 has set off on a climb higher, nudging ahead again on a record-breaking run. The fresh pulse of positivity comes as ceasefire negotiations in the Middle East continue and a more optimistic sentiment washes over the London market.
“Even the surprise resignation of HSBC boss Noel Quinn, didn’t stop the banking giant from posting share price gains this morning. Sharp gains may be held back, with a little more caution creeping in as the key meeting at the Federal Reserve starts, with speculation still swirling about how long interest rates will linger in the US.
“Although the world’s largest…
