The Rishi relief rally continued today as both shares and the pound rose. Admittedly, some of the pound’s rise is probably more down to dollar weakness than anything happening in the UK. Alphabet, which owns Google, and Microsoft announced disappointing results last night and their share prices have tumbled, hitting confidence in the US.
The FTSE 100 rose 0.6% today to 7,056 points while the FTSE 250 was up 1.5% at 18,106 points.