Stocks higher after confirmation of Biden election victory

Stocks higher after confirmation of Biden election victory

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Stocks in the UK and Europe are higher this morning. Markets are responding positively to the U.S. Congress confirmation of Joe Biden’s election victory. The anticipation is that a Democrat administration will lead to additional fiscal stimulus to support economic recovery.

In the wake of calls for his removal and impeachment, President Trump condemned the siege on the Capitol and said he would prepare for Joe Biden’ administration

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