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UK's FTSE 100 hits longest positive streak since 2016-2017, despite April's weak European stocks performance.
The UK's FTSE 100 index is on a 13th straight positive session, its longest since 2016-2017, as European markets closed for May Day.
Despite this, April was a weak month for European stocks due to U.S. tariffs, with the Stoxx 600 losing 1.2%.
Positive updates from UK firms like Lloyds, Persimmon, and Rolls-Royce bolstered the FTSE.
Meanwhile, Microsoft and Meta Platforms posted strong earnings, boosting their shares by about 6%, signaling a potential shift in investor focus from tech to European markets.
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El FTSE 100 del Reino Unido alcanza la racha positiva más larga desde 2016-2017, a pesar del débil rendimiento de las acciones europeas en abril.