The FTSE 100 hit its third record high in just one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. The FTSE 100 hit its third record high in just one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. FTSE 100 hits stride with third record high in one weekLondon’s blue chip index ended the day up 0.2% or 18.28 points at 7,877.45 points, marking a fresh all-time high. In UK stocks, Marks & Spencer dropped to the bottom of the FTSE 100 after the retailer said it was going to close 100 stores by 2020. The biggest fallers on the FTSE 100 were Marks & Spencer down 8.6p to 291.8p, Tui down 42.5p to 1,768p, Paddy Power Betfair down 125p to 8,665p and BAE Systems down 7.6p to 646.2p.

Source: Irish Independent May 22, 2018 16:41 UTC