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London close: Stocks rise on China rate cut, Biden withdrawal

By Josh White

Date: Monday 22 Jul 2024

(Sharecast News) - London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.

The FTSE 100 rose 0.53%, closing at 8,198.78 points, while the FTSE 250 gained 0.34% to finish at 21,138.68 points.

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