China tariff reduction boosts FTSE
Fiona Cincotta February 6, 2020 10:11 AM
The FTSE bounced higher on opening but the rally didn’t last long and the index quickly dropped to trading almost unchanged.
The FTSE bounced higher on opening but the rally didn’t last long and the index quickly dropped to trading almost unchanged. Amid the still spreading coronavirus China decided to cut tariffs on $75 billion of US goods including some medical products.
Royal Mail shares also struggled following the company’s warning on the outlook for 2020. Among the risers were banks and home improvement companies.
Europe strikes back
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