Key points:
- STOXX 600 up 0.7%
- Banks top gainers
- UK heads to polls
- Wall Street on holiday
THREE TAILWINDS FOR THE FTSE 100
In a crucial day for UK politics, markets are waiting for the election results, with polls putting the Labour Party on course for a landslide victory over the Conservatives.
Since April, London’s FTSE 100 CURRENCYCOM:UK100 has been outperforming other European indexes. The UK economy has bounced back from last year’s downturn in contrast with weaker growth in the rest of Europe, especially in Germany.
Many investors believe the good times…