Nasdaq surges to fresh record as European stocks retreat

Wall Street stocks pushed higher on hopes of fresh stimulus from Washington, outperforming other leading stock markets, including London, where equities were buffeted by a strong pound following a Bank of England decision.

by the Bank of England , hurting the earnings prospects of exporters in the FTSE 100 index. British interest rates were left unchanged. "GDP is not projected to exceed its level in 2019 Q4 until the end of 2021, in part reflecting persistently weaker supply capacity," it added.

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