News24
19 Jan 2021, 00:42 GMT+10
Focus is turning to Biden's inauguration on Wednesday and hopes that his massive spending plan can get through Congress.
Stimulus concerns
"European markets have stumbled into a new week, with Biden's stimulus promises doing little to help sentiment given doubts over just how much of that package will be approved in Congress," said Joshua Mahony, senior market analyst at online traders IG.
While broadly welcomed on trading floors, Biden's $1.9 trillion stimulus proposal was unable to fuel fresh gains with the spending spree largely priced in.
Elsewhere, newly-created European carmaker Stellantis motored its way Monday onto the Paris and Milan stock exchanges.
On Monday, its shares gained 4.41% to €13.44 in Paris in midday trades, and were 6.87% higher at €13.43 in Milan.
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