Santa rally, King's Brexit hopes and the euro's 'mystery' jump: What did you miss?

Round-up of events towards end of December

Natalie Kenway
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Santa rally, King's Brexit hopes and the euro's 'mystery' jump: What did you miss?

Investment Week takes a look at the news and events that happened over the Christmas 2016 period.

1. Santa rally: FTSE 100 hits all-time high The UK's leading blue-chip index ended 2016 at record levels, despite a tumultuous year, with the FTSE 100 closing at a new all-time high of 7,142.83 points on Friday 30 December. This was above the previous record high of 7,129.83 recorded on 11 October. Stocks have been given a boost by the Brexit-hit pound, with sterling ending the year down 14%, while the FTSE 100 ended the year up 14.4%. 2. US indices remain elusive as Trump prepares for the White House The Dow Jones failed to live up to hopes it would break 20,000 points before yea...

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