finance

FTSE 100 Climbs 1.26% as Global Markets Rally Forward

The FTSE 100 in GBP, plus major global indices, gold and currencies, with market context for London investors and retirement savings and pension balances.

By Markets Desk · Published 28 July 2026

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How we reported this

This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. The Daily London is part of The Daily Network and follows our reasonable editorial care.

Bank of England Building, London, UK Diliff. Bank of England, London, Diliff, CC BY-SA 3.0, via Wikimedia Commons

The FTSE 100 rose 1.26% to GBP 10,871.02, trading higher as London investors weighed the latest moves across global markets. The figures are from the Yahoo Finance market snapshot captured at 2026-07-28T19:30:20.787281+00:00.

How the major markets moved

For global context, the S&P 500 rose 0.39% to US$7,440.75, the Dow Jones rose 1.59% to US$52,774.53 and the Nasdaq fell 0.16% to US$24,936.35. These figures are secondary context for the local FTSE 100 lead. The figures are from the Yahoo Finance market snapshot captured at 2026-07-28T19:30:20.787281+00:00.

Commodities and safe-haven demand

Gold fell 1.25% to US$4,023.7 an ounce and silver fell 1.73% to US$57.46, while WTI crude fell 4.45% to US$78.93 a barrel. The metal is often considered part of a diversified portfolio, while petrol prices and business input costs can vary with energy markets.

Currencies and crypto

GBP/USD fell 0.45% to 1.33. Currency moves can affect the local value of overseas purchases, travel and investments, as well as overseas earnings for locally listed companies. Bitcoin rose 0.06% to US$63,762.16.

What it means locally

For London readers, the FTSE 100 and global figures provide context for retirement savings and pension balances. The relevant exposure to local and global equities depends on each portfolio’s holdings.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

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