{"slug": "ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil", "title": "FTSE 100 creeps closer to record high as investors dodge AI turmoil", "summary": "The FTSE 100 rose 0.18% to 10,875 on Tuesday, marking its fifth straight day of gains and nearing its record intraday peak of 10,989, as investors sought stocks with minimal exposure to AI and tech ahead of Nvidia's trading update. Analysts attributed the rise to the index's low tech weighting and gains in miners like Glencore, Fresnillo, and Rio Tinto, while cautioning that Nvidia's results could move markets.", "body_md": "# FTSE 100 creeps closer to record high as investors dodge AI turmoil\n\nThe 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.\n\nLondon’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.\n\nIf it continues its run this week the index could surpass its highest-ever intraday peak of 10,989 points on the last trading day of July.\n\nAnalysts pinned the rise on its minimal exposure to tech and AI stocks, which have been wavering ahead of a trading update from Nvidia on Wednesday.\n\n“The FTSE’s relatively low exposure to the tech sector is also helping it avoid some of the turbulence rippling through global tech shares, giving investors a different mix of sectors to rely on,” said Susannah Streeter, chief investment [strategist](https://www.cityam.com/uk-government-takes-stake-in-miner-after-71m-injection/) at Wealth Club.\n\n## Miners shine on US woes\n\nHeavyweight miners have also helped the index rise higher, as investors returned to precious metals amid a weaker US currency and concerns surrounding debt and inflation.\n\nRichard Hunter, head of markets at Interactive Investor, said: “Investors paused for calm before the potential storm ahead this week, with consumer confidence, GDP, inflation, Nvidia and Jackson Hole all in focus.”\n\nThis has led to an uptick in mining stocks, with Glencore gaining 7.4 per cent in the last five days, trading at 592.9p per share.\n\nFresnillo has climbed ten per cent in the last week, while Rio Tinto increased 8.8 per cent.\n\nPerformances from other sectors detached from the AI boom have also lifted the index, including banks and pharmaceuticals.\n\n## Screech to a halt?\n\nThe subdued reaction in the oil markets to US [threats](https://www.cityam.com/ftse-100-live-stocks-set-to-rise-as-markets-digest-bessent-buyback/) against Iran could weigh on the index. Brent crude declined 2.3 per cent in early trading to $89.7 (£65.8).\n\nStreeter said: “For investors it’s still highly unclear whether this stance will force the conflict towards a breakthrough or simply add another layer of uncertainty.”\n\nThe FTSE 100’s performance also hinges on the outcome of Nvidia’s results, as it will grant investors a snapshot into AI demand.\n\nRuss Mould, investment director at AJ Bell, said results will “have the power to move markets up or down” as investors look to see if AI momentum is slowing.", "url": "https://wpnews.pro/news/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil", "canonical_source": "https://www.cityam.com/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil/", "published_at": "2026-08-25 10:49:10+00:00", "updated_at": "2026-08-25 11:16:38.150225+00:00", "lang": "en", "topics": ["artificial-intelligence"], "entities": ["FTSE 100", "Nvidia", "Susannah Streeter", "Wealth Club", "Glencore", "Fresnillo", "Rio Tinto", "Interactive Investor"], "alternates": {"html": "https://wpnews.pro/news/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil", "markdown": "https://wpnews.pro/news/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil.md", "text": "https://wpnews.pro/news/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil.txt", "jsonld": "https://wpnews.pro/news/ftse-100-creeps-closer-to-record-high-as-investors-dodge-ai-turmoil.jsonld"}}