{"id":7330,"date":"2021-02-08T09:14:16","date_gmt":"2021-02-08T09:14:16","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/08\/ftse-100-rises-on-stimulus-bets\/"},"modified":"2021-02-08T09:14:16","modified_gmt":"2021-02-08T09:14:16","slug":"ftse-100-rises-on-stimulus-bets","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/08\/ftse-100-rises-on-stimulus-bets\/","title":{"rendered":"FTSE 100 Rises On Stimulus Bets"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks rose on Monday as a combination of reduced Italian risks and U.S. stimulus expectations boosted investors&#8217; appetite for risk. <\/p>\n<p>U.S. House Speaker Nancy Pelosi said she believes the final $1.9 trillion Covid-19 relief legislation could pass Congress before March 15, when special unemployment benefits that were added during the pandemic expire.<\/p>\n<p>The benchmark FTSE 100 rose 30 points, or half a percent, to 6,519 after closing 0.2 percent lower on Friday. <\/p>\n<p>BP Plc rose 1.3 percent and Royal Dutch Shell edged up slightly after oil prices surpassed $60 a barrel on the back of tightened global oil supplies and renewed hopes over the passing of the U.S. stimulus package.<\/p>\n<p>Rolls-Royce Holdings declined 1.6 percent after reports that it plans to shut down its jet engine factories this summer due to insufficient work.<\/p>\n<p>Energy producer Drax gained 0.7 percent on news it would buy Canadian firm Pinnacle Renewable Energy for 11.30 Canadian dollars a share. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Rises On Stimulus Bets<\/a><br \/>\n<br \/>2021-02-08 09:14:16<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks rose on Monday as a combination of reduced Italian risks and U.S. stimulus expectations boosted investors&#8217; appetite for risk. U.S. House Speaker Nancy Pelosi said she believes the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-7330","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=7330"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7331"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}