Tech Rally Kicks Off 2026 as FTSE 100 Briefly Tops 10,000 and Brazil’s Real Surges While Ibovespa Slips

Overview

• Europe’s STOXX 600 notched fresh records, closing up about 0.6% near 596, while London’s FTSE 100 hit 10,001 intraday before ending at 9,951.
• U.S. stocks opened higher with chipmakers in front, including gains for Micron, AMD, Intel and Nvidia, following upbeat AI and semiconductor news from Asia.
• The Brazilian real led global currencies as the dollar fell 1.18% to roughly R$5.42, and DI futures declined across medium and long maturities as risk premia eased.
• Brazil’s Ibovespa slipped 0.36% after losses in meatpackers, following China’s move to cap Brazilian beef imports at 1.1 million tons with a 55% tariff above the quota.
• Bitcoin traded near US$90,000 on light volumes, with markets eyeing next week’s U.S. payrolls and clarity on Fed leadership.