RE: sold all lloyds shares9 Jan 2019 17:57
FTSE 100 closes 45 points up
Optimism over Trump-China trade boosts sentiment
Dow, S&P 500 and Nasdaq all higher
FTSE 100 closed higher Wednesday as US shares gained ground on optimism about China/US trade talks.
The UK blue-chip benchmark added around 45 points at 6,906, while FTSE 250 surged even higher - up nearly 238 points.
David Madden, analyst at CMC Markets UK, said: "Equity markets have rallied on the back of the conclusion of US-China trade talks.
"We were told the negotiations ended on good terms, but we will have to wait a few days before additional announcements are made.
"It was confirmed that China intends to buy more US products, and that has added to the bullish sentiment."
On Wall Street, the Dow Jones Industrial Average is up 130 points at the time of writing, while the S&P 500 is up around 14 points. The tech heavy Nasdaq added around 64 at 6,961.