FTSE 100 Holds Firm but Dow and Nasdaq 100 Struggle

The new quarter is now underway, with the FTSE 100 beginning its first trading day of Q1 close to previous highs. US indices, however, have seen bullish momentum fade.

​The index begins the new month and quarter close to the 8000 level, after an impressive recovery from the lows of January.​The record high from February 2023 at 8045 is now in sight, though the price has also slipped below the 7976 high from March last year.pull back from another record high, as 40,000 continues to elude the index for the time being.​Potential horizontal support at the previous high of 39,287 may now be tested, while below this is rising trendline support from early January.

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