London Stocks Soar On Post-Brexit Trade Deal

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London Stocks Soar On Post-Brexit Trade Deal

) this file photo taken on January 5, 2020 shows the flags of the United Kingdom and the European Union. According to a British government source a ‘deal is done’ on post-Brexit trade.London stocks surged Tuesday with investors relieved over Britain’s long-awaited Brexit deal with the EU, while eurozone equities also rose on US stimulus news with Frankfurt extending its record-breaking run.

The pound climbed against the dollar but steadied versus the euro, as dealers continued to digest the 1,246-page agreement document. Elsewhere, Asian markets mostly rose Tuesday following a record-breaking lead from Wall Street, as investors cheered the passage of a huge US stimulus bill which has helped temper fears about surging coronavirus infections.

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