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Autumn Budget 24: UK stocks rally while gilt yields soar as 'questions remain' around fiscal headroom
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According to data from MarketWatch, the FTSE 100 rose by almost 0.4% to over 8,200 as Reeves spoke, a level that has since declined to around 8,174 at the time of reporting. Meanwhile, the FTSE 250 has risen by 1.1% since markets opened this morning (30 October) after falling earlier on Tuesday (29 October). During the chancellor's speech, sterling strengthened against the dollar to above $1.3, having dropped below $1.295 earlier today. Smaller companies also received a boost as the FTSE AIM All Share index rallied by around 3.8% over the course of the chancellor's speech, accord...
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