UK stock market hits new peak after US Treasury secretary Mnuchin says the trade war with China is ‘on hold’Latest: FTSE 100 has jumped through 7,800 pointsBut the pound has hit a near six-month lowIntroduction: America and China reach consensus on tradeBreakthough means tariffs won’t be imposedExperts: This peace may not last 2.44pm BST The trade talks truce has given a lift to US markets, along with a spate of acquisition activity.The Dow Jones Industrial Average has added more than 1% to 25,016, while the S&P 500 opened 0.59% higher and the Nasdaq Composite rose 0.7%. 2.06pm BST Time for a summary, before the opening of Wall Street… Continue reading…
Via: FTSE 100 at record high after trade war truce, but pound hits 2018 low – business live
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