Stocks up with deal hopes outweighing coronavirus concerns

Stocks up with deal hopes outweighing coronavirus concerns

Stocks have opened higher this morning with UK EU deal hopes outweighing coronavirus concerns. London is being moved to the highest tier of restrictions because of a surge in cases, including many of a new variant, and in the US, New York may soon be moved to full lock-down.

Markets are now looking for a post-Brexit trade deal this week after the Sunday deadline was extended. President of the European Commission, Ursula von der Leyen, said there was some “movement” over sticking points.

In the US there was welcome news for investors of a plan to split the much anticipated stimulus package into two parts to make approval easier

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