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Monday,18 January 2021 at 17:15
UK and European stocks started the new trading week mixed.
The dollar clung to gains as softening U.S. economic data and rising global coronavirus cases kept investors cautious.
Oil prices fell, ending a rally that started at end-October on production cuts and strong Chinese demand.
Gold prices dropped as a stronger U.S. dollar made bullion expensive for other currency holders, despite expectations of a large Covid-19 relief package in the United States.
In corporate news, the top flight index was weighed down slightly by interest rate sensitive and defensive stocks such as BT Group, United Utilities and Hikma Pharmaceuticals.
At the close
FTSE 100 6,720 (-0.22%)
FTSE 250 20,639 +0.12%
DAX 13,848 +0.44%
Dow Jones 30,814 (-0.57%)
S&P 500 3,768 (-0.72%)
NASDAQ 12,998 (-0.87%)
UK 10-YR YIELD 0.29
Gold $1,836 +0.61%
Brent $54.94 (-2.59%)
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.