"From a market perspective, the uncertainty we are seeing does little to hurt sentiment, with the prospect of a split Congress limiting the possibility of higher taxes under Biden," Joshua Mahony, senior market analyst at IG said in a note.
French lender Societe Generale gained 3.7 per cent after a recovery in its equity trading business helped it swing back to a quarterly profit. Wind turbine maker Siemens Gamesa, which would benefit from Biden's clean energy push, rose 5.1 per cent after it confirmed forecasts for a steady rise in margins until 2023.
Source: News Formal (newsformal.com)
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