FTSE 100 Hits Record as London Stocks Catch Up With Global Peers

(Bloomberg) — The FTSE 100 Index closed at a record high for the first time in more than a year, as recent equity market volatility and geopolitical risks prompted investors to pile into the defensive sectors that characterize the UK benchmark.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingUS Dollar’s Extended Reign Delivers Stark Wak