Rolling coverage of the latest economic and financial news
- FTSE 100 jumps almost 2% in early trading
- Japan’s Nikkei at 30-year peak
- Wall Street hit record after Trump signs stimulus bill
Here’s some early reaction to today’s rally:
FTSE 100: +1.8% on first day of trade since the deal but sector divergence is quite big
Airlines/ Hospitality leading (+3-4%) with banks the only names in negative territory -2/3% https://t.co/Ee6c496bFL
U.K. blue-chip stocks soar, leading European country indexes, in the British market’s first trading session since a Brexit deal was struck with the EU https://t.co/jxGX7bMxBn pic.twitter.com/7GwXWKtWeF
Global stock mkts rise to fresh highs as US stimulus fuels rally. US House approved 275-134 the $2,000 coronavirus aid checks sought by Trump. Bonds steady w/US 10y 0.94%. Dollar keeps falling w/Euro jumps to $1.2255. Gold $1882. #Bitcoin retreats after stunning rally, now 26.5k. pic.twitter.com/9jKQ7pFp1b
Germany’s stock market has hit a fresh record high in early trading, with the DAX index up another 0.7%.
That means the DAX is now up 4.8% this year (while the FTSE 100 is still down 12%).