UK's economic reopening takes off as Europe lags further behind
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Friday’s bumper US payrolls report saw both the DAX and Stoxx600 post new record highs yesterday, following on from similarly record sessions in the US on Monday, and while the FTSE100 continues to lag behind, the FTSE250 was still able to close within touching distance of a record close.
China and the US aside, which have seen their services sectors hold up exceedingly well, with the US ISM services headline number hitting a record high this week, the services sector in Europe continues to bear the brunt of the global pandemic.