Stocks rose worldwide on Monday after Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the US bond market seemed to be easing.

Donald Trump’s top advisers and the president of El Salvador have said they have no basis for the Central American nation to return a Maryland man who was wrongly deported there last month.

Shoppers have said that the partial reopening of their high street has been one of the best things to happen to the town in ...