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RIO - Rio Tinto News Story

6135p -169.0  -2.7%

Last Trade - 14/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £99.32bn
Enterprise Value £103.19bn
Revenue £31.65bn
Position in Universe 13th / 1826

LIVE MARKETS-Morning call: U.S. spending plan, France lockdown

Thu 1st April, 2021 6:47am
April 1 - Welcome to the home for real-time coverage of
markets brought to you by Reuters reporters. You can share your
thoughts with us at markets.research@thomsonreuters.com
    
    
    MORNING CALL: U.S. SPENDING PLAN, FRANCE lockdown (0540 GMT)
    After the STOXX 600 index  .STOXX  ended the first quarter
of 2021 with a 7.8% rise, European shares are seen on the black
as the first session of the new quarter kicks off.
    U.S. President Joe Biden on Wednesday outlined a plan to
restart the economy, including spending on roads, railways,
broadband, clean energy and semiconductor
manufacture. urn:newsml:reuters.com:*:nL1N2LT01L
    But capping the optimism, Macron ordered France into its
third national lockdown as he sought to push back a third wave
of COVID-19 infections.  urn:newsml:reuters.com:*:nL8N2LT7DE
    Eyes will also be on EZ manufacturing PMI numbers, which are
expected to be holding up well. 
    "Manufacturing PMI has been one of the main bright spots
amidst the gloom of the economic rebound in Europe, as
businesses adapt to the restrictions around them, and show
resilience in the face of a changed environment," writes Michael
Hewson, Chief Market Analyst at CMC Markets UK.
    Financial spreadbetters at IG expect London's FTSE to open
11 points higher at 6,725, Frankfurt's DAX to open 16 points
higher at 15,024 and Paris' CAC to open 2 points lower at
6,065.  
    
    (Joice Alves)
    *****
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