FTSE 100 Hits Record High

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The UK’s FTSE 100 hit a record high Friday, as the equity index’s international exposure boosted exporters and helped it shake off the turmoil that has weakened the pound, gilts and domestic stocks. The benchmark gained as much as 1% to 8475.35 points, surpassing its previous high of 8474.41. The index has rallied about 3.7% in local currency terms so far in January

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