London's FTSE 100 surged to a new record high on Friday, marking its eighth consecutive monthly gain, driven by strong performances from heavyweight mining stocks.

Palantir is down 20% YTD, but analysts at UBS and Rosenblatt see a major reversal ahead.

Major U.S. indexes sold off on Friday, with the Dow falling over 1% and the S&P 500 and Nasdaq both declining.