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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden

FTSE 100 hits record high as investors shrug off trade war concerns

IG Donald Trump Susannah Streeter TACO London Babcock
Shipbuilders at Babcock Rosyth look at a new ship
A frigate built by Babcock at Rosyth dockyard. Share prices of some UK defence firms have risen this year amid expectations of increased spending. Photograph: Jeff J Mitchell/Getty Images

The FTSE 100 index of the most valuable companies on the London Stock Exchange has soared to a record high as investors shrugged off concerns over Donald Trump’s trade wars.

The FTSE 100 had the 9,000-point mark in its sights on Thursday, as it climbed to 8,979 points, above its previous all-time high of 8,908 points.

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