The FTSE 100 faces pressure from a rising sterling, dropping to 8,131 after a peak of 8,304, while the NASDAQ 100 and S&P 500 reach record highs following 25 basis point rate cuts from the BoE and Fed. Support for the FTSE 100 is at the 200-day SMA of 8,117, with resistance at 8,192. The S&P 500 has surged over 4.5% from its recent low, nearing the psychological 6,000 mark, while the NASDAQ 100 finds support around its previous record high of 20,760.