The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.
Britain's blue-chip FTSE 100 index ended higher on Thursday as investors bet on a bigger U.S. stimulus package under a Democrat administration, while retailer Sainsbury jumped after raising its profit outlook.
Britain's blue-chip FTSE 100 index ended at its highest since February on Wednesday, led by banking and energy stocks as investors bet on more U.S. stimulus and crude oil prices jumped after Saudi Arabia agreed to cut more output than expected.
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(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) FTSE 100 highest since late February 2020 Oil prices surge to 11-month highs Food retailer Greggs says sales decline slowed FTSE 100 up 3.5%, FTSE 250 up 1.2% (Updates to market close, adds analyst comments)
Jan 6 (Reuters) - Britain’s blue-chip FTSE 100 index ended at its highest since February on Wednesday, led by banking and energy stocks as investors bet on more U.S. stimulus and crude oil prices jumped after Saudi Arabia agreed to cut more output than expected.
The exporter-heavy FTSE 100 index rose 3.5%, clocking its third consecutive session of gains. Lenders HSBC , Barclays and Standard Chartered provided the biggest boost with gains between 8% and 9.6%.