United Kingdom: FTSE 100 Hits New Record.

The FTSE 100 rose more than 1% to a fresh record high above 10800 on Tuesday, supported by strong gains in banking and mining shares. HSBC Holdings jumped 7.6% to a record after reporting better than expected profit, with its wealth division lifted by solid client income, driving a broad rally in lenders. Commodity linked stocks also advanced as copper and precious metals prices strengthened. Fresnillo gained 7%, Antofagasta rose 6%, while Endeavour Mining and Glencore added around 3%. Relx climbed 6.3% as its LexisNexis unit partnered with AI firm Anthropic, easing prior concerns. In contrast, Diageo tumbled 13% after it warned of weaker annual sales and cut its dividend to protect its balance sheet. Haleon declined 7% after its sales growth fell short of estimates.