U.K.’s FTSE 100 Hits Intraday Record as European Markets Start Strongly

The U.K.’s FTSE 100 Index set a new intraday record Tuesday after reaching an all-time closing high Monday as European equities began the day in positive fashion. The pan-European Stoxx 600 Index was 0.7% up in morning trading, while Germany’s DAX climbed 0.7% and the FTSE 100 rose 0.3%.