The Day Today 11th June 2021

  • 10 bipartisan US senators reached an agreement on infrastructure that would not hike taxes
  • China passed a bill aimed at countering sanctions, it was rushed through in secret just a week after the Biden administration’s update to Trump’s rules banning Americans from investing in many Chinese companies
  • G7 summit hotel, housing security staff, forced to close due to Covid outbreak
  • Macron said he would veto a renegotiation of the Northern Ireland Brexit deal
  • UK Covid restrictions due to end June 21st may be extended for a month
  • UK Pensions Regulator warns dividends could be suspended by companies hard hit by Covid

US equities took the jump in inflation in their stride, the S&P 500 closed at a record high. Meme stocks ran out of steam yesterday however, GameStop fell 27.2%. Asian equity markets were mixed. Indian equities hit record highs, financials and energy led the way, as more states lifted pandemic restrictions.

On this day in 1955 eighty-three spectators were killed after an Austin-Healey and a Mercedes-Benz collided at the 24 Hours of Le Mans, the deadliest ever accident in motorsports

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