The FTSE 100 index was up 42.80 points, 0.5%, at 8,893.43. The FTSE 250 was up 158.02 points, 0.8%, at 21,331.35, and the AIM All-Share was up 2.91 points, 0.4%, at 764.34.

VIG has underperformed the S&P 500 since mid-April, and that's primarily due to the Mag 7 stocks retaking some leadership.

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