NEW YORK – US and European stocks had a mixed finish on Friday, capping a week that saw equities set new records on both sides of the Atlantic but also struggle with inflation fears.
In Europe, London’s FTSE 100 gained as a weaker pound helped take the sting out of data showing Britain’s economy tanked amid the latest Covid-19 lockdown, and post-Brexit exports to the EU plunged.
In the eurozone, Frankfurt’s DAX 30, which has streaked to fresh highs repeatedly this week, gave up gains made the previous day after the European Central Bank boosted sentiment by promising more support for the economy if needed.
The Dow and S&P 500 managed to edge to new records for …
Keep on reading: Stocks mixed as record-breaking week approaches end