By Lars Mucklejohn The latest updates on the FTSE 100 and London’s financial markets from City A.M.’s newsroom in the heart of the City of London. Wall Street stocks rose and the Dow Jones Industrial Average hit an all-time closing high on Tuesday after US retail sales data supported the Federal Reserve is approaching its easing cycle. Overnight, the Dow Jones Industrial Average climbed 1.85 per cent to 40,954.48, while the S&P 500 rose 0.64 per cent to 5,667.2, and the Nasdaq Composite edged up 0.2 per cent to 18,509.34. The Russell 2000 marked its fifth straight day of gains over 1 per cent,…