UK, Europe See Mixed Trading as Santa Rally Hopes Flicker
UK and Europe Trade Mixed as Year-End Rally Fizzles
Hopes for the customary year-end "Santa Rally" seemed to be ebbing as stock markets in the UK and continental Europe displayed a patchwork of gains and losses on Monday. Investors entered the last few weeks of the year cautiously, weighing lingering concerns about inflation, interest rates, and geopolitical events against optimism over slight economic gains. The FTSE 100 in London was having trouble staying on course. Investor concern was reflected in the falls in consumer goods and banking shares, which counterbalanced gains in mining and energy equities. As traders expected sluggish Christmas spending given rising home expenses, retail-focused businesses reported lackluster activity. Eur...








