By Steve Goldstein, MarketWatch
British stocks rallied on Monday, responding to the latest positive comments about the likelihood of a U.S.-China trade deal.
U.S. Commerce Sec. Wilbur Ross, in Thailand for a summit, told Bloomberg Television, “we’re in good shape, we’re making good progress.”
The FTSE 100 (FTSE:UK:UKX) rose 0.92% to 7369.69.
Gainers included the mining giants that are very sensitive to China’s economic growth prospects, as Glencore (LON:UK:GLEN) , Rio Tinto (LON:UK:RIO) and BHP (LON:UK:BHP) all registered strong gains.
Outside the FTSE 100, GVC (LON:UK:GVC) , 888 Holdings (LON:UK:888) and William (LON:UK:WMH) dropped sharply as members of Parliament called for limits on online gambling .