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Dec
29

Global markets end on record high after adding $9tn in 2017

Brexit talks progress and Trump tax cuts fuel boom as even fears of war in North Korea, upheaval in Europe and bitcoin bubble fail to dampen spirits

Global stock markets have ended 2017 on record highs, gaining $9tn (£6.7tn) in value over the year due to a strong worldwide economy, President Donald Trump’s tax cuts and central banks’ go-slow approach to easing financial support.

The FTSE 100 hit a new peak in London, with an all-time closing

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