European stocks set for their best start to a year since 2009
Consumer discrectionary and utilities were among other sectors gaining, while financials and energy slipped
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. Updated: 10 Jan 2021, 08:10 PM IST Bloomberg
Stoxx 600 soared to its highest in almost 20 years as chipmakers were boosted by earnings reports from US and Asia bellwethers
Optimism has prevailed since the first Covid-19 vaccine was announced in early November, according to analysts at HSBC
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European equities are on track for their best first five days of a year since 2009 as investors predict coronavirus vaccination programs and government stimulus will drive a rebound in economic growth and corporate profits.