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Global shares mixed amid vaccine optimism, US tech sell-off – Washington, District of Columbia

Washington, District of Columbia 2021-02-23 04:07:32 –

Tokyo (AP) — The global market has been mixed after the sale of shares in a tech company on Wall Street on Tuesday. French…

Tokyo (AP) — The global market has been mixed after the sale of shares in a tech company on Wall Street on Tuesday.

France’s CAC 40 rose 0.3% in early transactions to 5,782.75, while Germany’s DAX remained almost unchanged, rising less than 0.1% at 13,953.13. The UK’s FTSE 100 rose 0.5% to 6,646.83. Dow futures rose 0.3% to 31,548, with US stocks set to rise. S & P 500 futures rose 0.2% to 3,882.88.

Tokyo is closed due to public holidays. South Korea’s Kospi fell 0.3% to 3,070.09. Australia’s S & P / ASX 200 was up 0.9% to 6,839.20. Hong Kong’s Hang Seng Index rose 1.0% to 30,632.64 and the Shanghai Composite Index fell 0.2% to 3,636.36.

The sold-out technology has spread to Asia. Chinese mobile phone maker Xiaomi fell 3.1%, e-commerce giant Alibaba fell 1.2%, and Taiwanese computer chip maker fell 1.4%.

The global economy has been hit by the coronavirus pandemic, but the deployment of the COVID-19 vaccine raises expectations for recovery.

“Thankfully, there is a more optimistic view of society as a whole than today’s horror. Vaccines show scientific results that test their effectiveness against transmission and will soon bring the world back to normal.” Said Stephen Innes, Chief Global Market Strategist. taxi.

While key stock indexes remain close to record highs, stocks have risen after a strong start in February last week as rising interest rates and possible future inflation weakened some of Wall Street’s enthusiasm. I started to lose my club.

Investors continue to focus on the future of the global economy, which has been severely hit by COVID-19, and the potential for further stimulus to correct them. The US House of Representatives is likely to vote for the stimulus proposed by President Joe Biden by the weekend. This includes $ 1,400 checks for most Americans, additional payments for children, billions of dollars in state and local government aid, and additional aid to pandemic-affected businesses. Will be.

However, as a large amount of stimulus was pushed into the economy, some investors suspended and revived concerns about inflation, which had been largely nonexistent for more than a decade. Yields on US Treasuries and bonds have risen in recent weeks as investors bet that the recovery will lead to more inflation.

Tech stocks are pandemic as a whole, as investors are betting that consumers spending more time at home will become increasingly dependent on mobile devices, PCs, video streaming and other technology products and services. Prospering in.

In energy trading, US benchmark crude rose $ 1 per barrel to $ 62.70 in electronic commerce on the New York Mercantile Exchange. It rose from $ 2.44 to $ 61.70 per barrel on Monday. The international standard Brent crude oil rose $ 1.08 to $ 65.44.

In currency trading, the US dollar rose from 105.08 yen to 105.21 yen. The price of the euro has risen from $ 1.2157 to $ 1.2158.

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Global shares mixed amid vaccine optimism, US tech sell-off Source link Global shares mixed amid vaccine optimism, US tech sell-off

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