Moving markets today: What’s shaping the FTSE 100 this morning

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City AM

By Vivek Kumar Moving Markets Today: S&P 500 Inches Closer to 5,000, Japanese Stocks Hit 34-Year High, Arm Shares Surge 55%, Eyes on PepsiCo Earnings and Fed commentary The S&P 500 stock index achieved a historic milestone, crossing the 5,000 mark for the first time ever, primarily propelled by a select group of companies. Simultaneously, Japanese shares surged to their highest levels in 34 years, contributing to the S&P 500’s record close. Oil prices witnessed a notable weekly rise, driven by Israel’s rejection of a ceasefire offer from Hamas. Trading in Asia was subdued due to the closure of…

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