Global stocks and oil hit three-month highs on strong China services survey – business live

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Markets ride on wave of economic optimism and shrug off growing unrest in the US, as China services activity hits 10-year-high

On the markets, the FTSE 100 index has extended its gains and is trading more than 1% higher at 6,286, up 65 points. Germany’s Dax is 1.1% ahead at 12,153, France’s CAC 40 has added 1.

 

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