UK's FTSE 100 Surpasses March Record as Tariff Concerns Ease
The UK's FTSE 100 index was set to close at a record high for the first time since March, recouping its tariff-induced slump thanks to an improving economic outlook and easing trade tensions.
The export-heavy index rose as much as 0.4% to 8871.41 level, surpassing its March peak of 8,871.31 points. The UK gauge is catching up to a global equities benchmark and a key European peer in Germany's DAX index, which have both reclaimed their record highs after April's rout.
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