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SpaceX plunges the FTSE 100 hits an all-time high. Here's what I'm doing

General The Twelfth Magpie ✦ xCruzo 🇺🇸🇪🇸
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SpaceX plunges the FTSE 100 hits an all-time high. Here's what I'm doing
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The FTSE 100 reached an all-time high of 10,750, but the broader market mood is mixed as U.S. tech stocks tumble and weigh on investor sentiment. The article links the selloff to concerns over stretched valuations and uncertainty about whether artificial intelligence infrastructure investments by major “hyperscalers” will deliver returns. It also points to rising oil prices amid renewed Iran-war tensions and the possibility of inflation, which can pressure growth stocks by increasing borrowing costs. The writer says the FTSE’s appeal has returned, citing a 19.85% gain over a year and a dividend yield around 3.2%, versus the S&P 500’s 14.98% and about 1.1%.

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