UK Markets News

London's FTSE 100 closed at a three-week high on Friday, as a new jobs support plan and advancements in Brexit talks eclipsed worries about a fresh surge in COVID-19 cases.

European stocks hit a near three-week high on Thursday as investors globally pinned hopes on more U.S. stimulus even as coronavirus cases surged across the continent.

British shares rose on Thursday after the Bank of England Governor said he thought a post-Brexit trade deal was possible and hinted at additional stimulus as rising numbers of coronavirus cases lead to fresh restrictions.

London's FTSE 100 closed nearly flat on Wednesday, weighed down by a fall in energy stocks on lower oil prices, with investors looking for clues on U.S. stimulus measures after President Donald Trump called a halt to talks with Congress on a comprehensive bill.

European stocks mostly fell on Wednesday, failing to join a recovery in global equities following a selloff on doubts over U.S. stimulus, with blue-chip shares weighing the most.

London's mid-cap index rose on Tuesday to the highest in nearly three weeks after signs of progress in Brexit talks boosted market sentiment while the FTSE 100 ended flat as a stronger pound pressured the export-heavy index.

European stocks stretched their gains for a fourth session on Tuesday, with banks surging more than 3% over growing hopes for a U.S. stimulus package, a Brexit trade deal as well as upbeat German data.

European shares closed at a two-week high on Monday, as positive updates on U.S. President Donald Trump's health, a U.S. stimulus package and a spate of dealmaking activity lifted investor spirits.

London's FTSE 100 rose on Monday, lifted by oil stocks as crude prices jumped after doctors treating U.S. President Donald Trump for COVID-19 hinted that he was doing well, while Cineworld fell sharply after it said it was considering temporarily closing all U.S. and UK screens.