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The FTSE 100 rose nearly 1% yesterday (16 October), finishing the day at 8,329 points. This came after monthly inflation in the UK fell below 2% for the first time since 2021. The expectation is that interest rates will now head lower.
Consequently, the index is a whisker away from reaching a new all-time record. To achieve this, it’d need to surpass the 8,445 figure set in May.
Admittedly, that seems like tortoise stuff compared to the racing hare that’s the S&P 500. The US blue-chip index is up 22.5% since the start of January and is entering the third year of a bull market. It’s nearly doubled in five years!
Even if we include its generous dividends, the Footsie can’t light a candle to that performance. Yet, as things stand, I’d rather invest in FTSE 100 dividend stocks over the S&P 500 right now. Here’s why.
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Due to the raging bull market,…
