"This is year three of a global recovery, yet growth is still anemic"
- Jonathan Plant, market analyst at Liberum Capital Ltd.
U.K. stocks closed lower on Monday. The benchmark FTSE 100 Index lost 0.68%, or 39.33 points, to 5,737.78. The FTSE All-Share Index declined 0.64%, or 19.30 points, to 2,984.67.
"This is year three of a global recovery, yet growth is still anemic," said Jonathan Plant, market analyst at Liberum Capital Ltd. in London. "Conditions feel like May 2010 with an absence of bid or offer in the equity market. This is a macro- rich week. The globe continues to be attached to the austerity- growth pendulum."
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