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Share markets firmed on Thursday after the U.S. Federal Reserve engineered an orderly start to unwinding its massive stimulus programme, though doubts about the inflation outlook did push up longer-dated bond yields.
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* S&P500 futures edge higher, hover near record high * Long-term U.S. bond yields near 13-month peak * Investors bets on earlier economic normalisation * Some investors see Fed revising up economic, rates forecasts TOKYO, March 15 (Reuters) - Global stock prices inched higher while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the $1.9 trillion stimulus bill President Joe Biden signed into law last week. A rollout of COVID-19 vaccinations in the United States and some other countries stoked a bullish mood on risk assets eve...
LONDON, Jan 25 (Reuters) - Global shares rose to levels just shy of record highs on Monday, as optimism over a $1.9 trillion U.S. stimulus plan outweighed rising COVID-19 cases and delays in vaccine supplies. European stock markets opened higher, with the pan-European STOXX 600 up 0.3%. The continent’s 50 biggest stocks were also up 0.3%. Germany’s DAX rose 0.2%, Italy’s FTSE MIB index jumped 0.6% and Britain’s FTSE 100 rose 0.1%. Spain’s IBEX and France’s CAC 40 faltered, down 0.1% each. A rally in U.S. tech stocks to near record highs on Friday helped fuel gains in their counter...
Global shares rose to levels just shy of record highs on Monday, as optimism over a $1.9 trillion U.S. stimulus plan outweighed rising COVID-19 cases and delays in vaccine supplies.