China-U.S. trade deal, Brexit hopes turbo charge UK stocks

(Reuters) - British shares continued to power higher on Monday as a preliminary U.S.-China trade deal and hopes of an orderly Brexit after UK Prime Minister Boris Johnson's election victory saw investors flock to perceived riskier assets, such as equities. The benchmark FTSE 100 soared 2.3%, its biggest one-day percentage gain in nearly a year, while the midcap FTSE 250 surged 1.9% and hit a new all-time high. Both moves followed hefty gains in the previous session.Markets breathed a sigh of..