London stocks closed in the green on Monday, while the pound rose, in the wake of a partial reprieve to the US tariff chaos of prior weeks.
The FTSE 100 index rose 170.16 points, 2.1%, at 8,134.34. The FTSE 250 jumped 463.66 points, 2.5%, at 18,978.51, and the AIM All-Share advanced 11.19 points, 1.7%, at 659.02.
The Cboe UK 100 rose 2.1% at 809.34, the Cboe UK 250 firmed 2.7% at 16,489.66, and the Cboe Small Companies added 0.8% at 14,926.69.
In Paris, the CAC 40 leapt 2.3%, while Frankfurt’s DAX 40 jumped 2.9%.
Equities benefited from a reprieve on tariffs on smartphones, PCs, servers and other technology imported from China for a two-month period, announced in the US late Friday.
But on Sunday, US president Donald Trump stressed the reprieve was ‘temporary’ and part of the longstanding plan to apply a different, specific levy to the sector.
‘Nobody is getting ’off the hook’,’ Trump said in a social…
