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UK stocks rise after Trump hints at possible auto tariff reprieve

UK stocks rose after President Trump hinted at possible exemptions on auto-related levies, with financial shares leading the gains. The FTSE 100 was up 0.9% and the FTSE 250 gained 0.5%. Luxury carmaker Aston Martin and automotive parts supplier Dowlais Group advanced, while investment banking and brokerage service index led gains. Precious metal miners also strengthened as gold prices climbed. On the data front, Britain's labour market weakened ahead of this month's tax hike on employers, but wage growth remained strong.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14613887/UK-stocks-rise-Trump-hints-possible-auto-tariff-reprieve.html
Source Id: 8636033481

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