{
  "id": 3246486,
  "title": "FTSE 100 creeps closer to record high as investors dodge AI turmoil",
  "url": "https://urgent.news/2026/08/25/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-25T10:49:10.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil/"
  },
  "original_language": "en",
  "account": "The FTSE 100 index is inching closer to a record high as traders seek out stocks not linked to artificial intelligence and technology. London's blue chip index has seen five consecutive days of gains and climbed 0.18 percent on Tuesday, reaching 10,875 by 11:45 am. If this upward trend continues throughout the week, the index may exceed its all-time peak intraday level of 10,989 points recorded on July's last trading day. Analysts attribute this rise to the index's limited exposure to tech and AI stocks, which have been experiencing fluctuations before Nvidia's trading update scheduled for Wednesday.\n\nSusannah Streeter, chief investment strategist at Wealth Club, noted that the FTSE's relatively low exposure to the tech sector helps it steer clear of the turmoil affecting global tech shares, providing investors with a diverse mix of sectors to rely on. Miners have also contributed to the index's rise, as investors return to precious metals due to a weaker US currency and concerns surrounding debt and inflation.\n\nRichard Hunter, head of markets at Interactive Investor, mentioned that investors are taking a moment to stabilize before the potential storm ahead, with key factors such as consumer confidence, GDP, inflation, Nvidia, and Jackson Hole in focus. This has resulted in an increase in mining stocks, with Glencore experiencing a 7.4 percent rise over the past five days, trading at 592.9 pence per share, while Fresnillo has climbed ten percent in the last week, and Rio Tinto has increased by 8.8 percent.\n\nDespite the positive momentum, the subdued reaction in the oil markets to US threats against Iran could potentially hinder the index. Brent crude declined 2.3 percent in early trading to $89.7 (£65.8). Analysts believe that the outcome of Nvidia's results will be crucial, as they will provide investors with insights into AI demand, which could either propel or hinder the markets, as investors try to determine if AI momentum is slowing down.",
  "summary": "The FTSE 100 is creeping toward another record high after logging its best run in three months, as investors hunt for stocks detached from AI and tech. London’s blue chip index has recorded five straight days of gains and ticked up 0.18 per cent on Tuesday to trade at 10,875 by 11:45am. If it continues [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}