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FTSE finishes higher despite US election uncertainty, Marks & Spencer rallies on ‘robust’ first half

London’s blue chip benchmark ended Wednesday’s session in positive territory despite the result of the US election hanging in the balance, with postal ballots still being counted. A change at the White House is still on the cards, despite Donald Trump’s victory claim, but not before a possible wave of recounts and legal spats. Today’s gains also reflected the fact that a Joe Biden ...

Is the latest sell-off history repeating itself, and if so what can we expect next?

They say that history doesn’t repeat, but it certainly rhymes because this year’s large market sell-off has seen most sectors perform bang in line with their performance in previous sharp sell-offs. As we previously explained, the past decade has seen three sharp in declines in stocks – in mid-2011, mid-2015 and the final quarter of 2018 – which all happened for different reasons but ...
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