Lacklustre open for stocks at start of week

Non-essential retail stores, gyms and pub gardens open today in the next phase of lockdown easing in England. Despite this and a strong finish for US stocks on Friday, UK stocks are lower this morning.

Lacklustre open for stocks at start of week

Non-essential retail stores, gyms and pub gardens open today in the next phase of lockdown easing in England. Despite this and a strong finish for US stocks on Friday, UK stocks are lower this morning. There are possibly some concerns from investors over next month’s elections and whether the SNP will get the go-ahead from the Scottish electorate re another independence referendum.

In the US, economic advisers and national security advisers will meet today to discuss President Biden’s $2.25 trillion infrastructure plan and the global semiconductor shortage.

 

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