Money blog: FTSE 100 falls short of breaking record

News Snapshot:

Investors hopeful of breakthrough in US-China trade talks American and Chinese negotiators remained locked in talks over a prospective trade deal that could bring down tariffs between the world's largest economies and pave the way for greater market access. The discussions began at Lancaster House in central London yesterday and are likely to continue all day today too. Donald Trump said last night that he was "only getting good reports" about the talks. "We are doing well with China," he told reporters at the White House. Howard Lutnick, the US commerce secretary, echoed the president, telling the media that the...