FTSE Index Surges Amid Trudeau’s Unexpected Resignation Announcement, Boosting Global Markets

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It looks like you’ve got a lot of financial news to catch up on. Here are some key points from the articles:

  1. US Stocks Finish First Trading Week Higher: US stocks finished the first trading week of 2025 higher, with the S&P 500 rising 1.3% and the Dow Jones Industrial Average gaining 0.8%.
  2. Nvidia and Tesla Lead Tech Comeback: Nvidia and Tesla led a tech-heavy comeback on Friday, helping to boost the market after a downbeat start to the year.
  3. Markets in Asia Fall as Yuan Weakens: Markets across Asia fell on Monday as China’s central bank and stock exchanges tried to prop up a falling yuan, which was its weakest for 16 months.
  4. TikTok Faces Music in Supreme Court: TikTok is making an emergency appeal before the US Supreme Court to block enforcement of a federal law that effectively bans the app unless it is sold to an owner not controlled by a foreign adversary.
  5. Justin Trudeau Likely to Resign as Leader of Liberal Party: Canadian Prime Minister Justin Trudeau is likely to resign as leader of the Liberal Party this week, according to reports.
  6. FTSE 100 Looks Set to Fall at Opening Bell: The FTSE 100 index looks set to fall at the opening bell on Monday, compounding losses from last week.
  7. Economic Events to Watch Today:
    • UK new car sales
    • European composite PMI
    • UK composite PMI
    • US composite PMI
    • Preliminary German inflation figures
    • Speech by Federal Reserve’s Lisa Cook

Let me know if you’d like me to summarize any of these points or provide more context!