-European stocks extended their year-end rally on Tuesday as a Brexit trade deal, hopes of an expanded U.S. stimulus package and euro zone’s marathon COVID-19 vaccination campaign brightened prospects for global growth in 2021.
UK stocks outperformed, with the blue-chip FTSE 100 jumping 2.6% in its first day of trading after the sealing of a Brexit trade agreement between Britain and the European Union on Thursday. The pound firmed slightly, with investors worried that the bare-bones nature of the deal leaves Britain far more detached from the EU than was thought likely in 2016.
Software group SAP rose 2.2% to provide the biggest boost to the DAX after its unit, Qualtrics International Inc, filed for a U.S. initial public offering.
COVID VACCINE SIDE EFFECTS- Look at the note at the bottom