FTSE returns above 7,000 as trade war fears ease

Finance

The FTSE 100 bounced back from 15-month lows on Tuesday as fears of a global trade war eased and shares in McKay Securities jumped almost 11% on news of a major letting.

The blue-chip index closed up 1.6% at 7,000.1, helped by reports that Chinese and US officials were in talks on trade tariffs.

The FTSE 250 was also higher, up 1.1% at 19,389.13, and the AIM All-Share closed up 0.9% at 1,021.67

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