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London open: Stocks gain but surge short-lived as US-China agree temporary deal

By Michele Maatouk

Date: Monday 12 May 2025

(Sharecast News) - London stocks surged in early trade on Monday after the US and China agreed a temporary deal to cut tariffs, but the sharp gains were short-lived.
At 0930 BST, the FTSE 100 was up 0.2% at 8,572.58, having risen as much as 1% earlier after it emerged that...

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