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FTSE 100 accelerates by midday amid 'blue sweep' projections | 6 January 2021 - Vimarsana News

FTSE 100 accelerates by midday amid 'blue sweep' projections | 6 January 2021

6 January 2021 | 12:00pm StockMarketWire.com - Hopes that a Democrat 'trifecta' of control of the White House, Senate and House of Representatives will lead to a more generous US stimulus package was driving share prices higher on Wednesday. By midday the FTSE 100 was up 2.5% to 6,778.56, its highest level since February 2020, amid projections that Democrats could secure the balance of power in the Senate based on two run-off elections in Georgia. US futures were mixed with technology stocks under pressure on fears a freer hand for the Biden administration could leave the big tech names vuln...

FTSE 100 continues strong momentum with fresh gains amid US senate results | 6 January 2021 - Vimarsana News

FTSE 100 continues strong momentum with fresh gains amid US senate results | 6 January 2021

6 January 2021 | 09:00am StockMarketWire.com - The FTSE 100 made moderate gains this morning, continuing its strong start to 2021 as the UK undertakes its massive Covid-19 vaccine rollout. Markets also reacted to news that the Democrats were close to full control of the levers of government in the US after Senate run-off elections in the US. High-street bakery chain Greggs estimated annual losses of up to £15 million and forecast that profit would not return to pre-COVID levels until 2022 at the earliest owing to the ongoing impact of the Covid-19 pandemic. Over the fourth quarter, sales...