UPDATE 1-Britain's FTSE inches higher, shrugging off trade tensions [Reuters (UK)]
INMARSAT PLC ADR (IMASY)
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Source: Reuters
UPDATE 1-Britain's FTSE inches higher, shrugging off trade tensions | Reuters Reuters Staff 3 Min Read * FTSE 100 up 0.2 pct at close * U.S. tariffs on Chinese goods take effect * Double upgrade boosts ITV * Inmarsat rejects takeover approach (Adds detail, updates prices at close) By Kit Rees LONDON, July 6 (Reuters) - The UK’s top share index rose on Friday, shrugging off any worries over global trade after U.S. tariffs on Chinese goods took effect. The blue chip FTSE 100 index was up 0.2 percent at 7,617.70 points at its close, while mid caps were flat in percentage terms. The U.S. imposed tariffs on $34 billion in Chinese imports, with Beijing saying it had no choice but to respond in kind. While the uncertainty surrounding the tariffs and their impact on growth has weighed on market sentiment, the reaction across European stocks was relatively sanguine with the broad market also closing in positive territory. Some analysts suggested the tariffs had already been priced in by the ma
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