Equity gains were curbed, however, by politicians’ inability to reach agreements on post-Brexit trade arrangements, and by surging Covid-19 cases that offset to some extent the effect of the vaccine introduction.
On Thursday, however, the ECB made good on chief Christine Lagarde’s indications that extra support was on the way. “Given COVID-19 cases and deaths are now regularly setting new highs, these reports put into question job growth in December, especially given the rapid slowdown in growth in November,” said Robert Frick of Navy Federal Credit Union.But home-sharing platform Airbnb more than doubled its IPO price to finish at $144.71. The company raised $3.4 billion in the stock offering amid a feverish rush for new shares in companies adapting to lifestyle changes imposed by the coronavirus pandemic.