Uninspiring trade as no Santa rally for FTSE 100

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(Alliance News) – London’s FTSE 100 was in the red midday Monday, eating into a year-to-date gain that already pales in comparison to counterparts state side.

The FTSE 100 index traded down 15.85 points, 0.2%, at 8,133.93. The FTSE 250 was down 62.74 points, 0.3%, at 20,425.91, and the AIM All-Share was up just 0.34 of a point at 715.53.

The Cboe UK 100 was down 0.1% at 815.90, the Cboe UK 250 down 0.2% at 17,886.93, and the Cboe Small Companies fell 0.4% at 15,778.44.

The CAC 40 in Paris was up 0.1%, but the DAX 40 in Frankfurt was down 0.1%.

In New York, the Dow Jones Industrial Average is called down 0.1%, and the S&P 500 and Nasdaq Composite down 0.2%.

“The equity market story of 2024 was American exceptionalism and the outperformance of US stocks,” XTB analysts commented.

“The S&P 500 has blown away the competition from Europe and the US.”

The S&P 500 has risen more than a quarter so far in 2024. The FTSE 100, in comparison, is up…

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