August 13, 2020 BY Valentina Kirilova

Daily Market News: Markets pause following relief rally on back of Biden-Harris ticket announcement

Utility names lead FTSE 100 higher Despite the official news that the UK entered the worst recession on record in Q2, London-listed stocks soared yesterday, with the FTSE 100 adding 2%. That gain took the index to a three week high. Utilities stocks were among the biggest winners of the day, with Severn Trent, Pennon…

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