FTSE 100 Climbing New Heights Amidst Global Economic Uncertainty

The FTSE 100 hit consecutive record highs, spurred by signals from global markets and investor anticipation around Donald Trump's policy announcements. Meanwhile, economic events like the Davos summit and fluctuating stock performances of firms such as Reach and Sanderson Design Group marked the day's financial landscape.

The FTSE 100, London's prominent blue-chip index, climbed to a record high for the second consecutive session, with investors keenly eyeing Donald Trump's return to the White House for policy direction on tariffs and international relations.

The market showed optimism, closing 0.2% higher despite thin trading volumes owing to a U.S. market holiday. Trump, having pledged to enact several executive orders, focused market attention globally.

Global markets appeared relieved after Trump's assurance of not imposing U.S. tariffs immediately, shifting focus to the Davos summit and company earnings. Stocks like Reach soared, while others like Sanderson Design Group faced losses, highlighting the volatile economic environment.

(With inputs from agencies.)