UK's FTSE 100 Index on Track to Hit 10,000 by Year-End Amid US Share Price Boom.

The FTSE 100 index is up 3.5% in the past month, driven by a boost from the US share-price boom. The Santa rally is in full cry, with predictions for a decent global growth year driven by AI and cheap money. However, the interest rate cycle is expected to bottom out by mid-year, with equities forecast to rise by double-digit gains across major markets in both developed and emerging economies.