UK stock indexes rise following Wall Street rally

fUK’s main stock indexes climbed on Monday after a record-setting rally on Wall Street in the previous session, which helped outweigh concerns about a slowing British economy and sticky inflation.

The blue-chip FTSE 100 (.FTSE), opens new tab climbed 0.4% by 0813 GMT, while the domestically-focussed FTSE 250 (.FTMC), opens new tab edged up 0.6%.

Wall Street’s benchmark S&P 500 (.SPX), opens new tab hit an all-time high on Friday, fuelled by optimism around artificial intelligence (AI), driving technology stocks higher across the globe.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

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