Wall Street

UK shares touch over 2-week high, GSK spin-off Haleon lists on LSE

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Reuters UK

By Sruthi Shankar (Reuters) -UK’s main stock indexes hit more than two-week highs on Monday, as an upbeat global mood lifted economically sensitive sectors, while shares of Haleon, spun off from drugmaker GSK, debuted on the London Stock Exchange. European and Asian stock markets tracked a Wall Street rally on Friday, when better-than-expected earnings and easing worries of a big 100-basis-point rate hike by the Federal Reserve this month boosted sentiment. [.N] The blue-chip FTSE 100 gained 1.5% and the domestically focussed midcap index climbed 0.9%. Both indexes touched their highest since …

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