European markets hit record highs after US-China trade deal and UK election - business live

NEWSFLASH: European stock markets have hit an all-time high. The STOXX 600, which tracks companies across Europe, has gained 0.5% this morning. The rally is being driven by post-election gains in London. Nearly every stock on the FTSE 100 is higher this morning .\nOptimism over the US-China trade talks is also lifting stocks, of course, despite scepticism that Friday’s Phase One deal is really a concrete breakthrough.

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