US stocks scale new peak on recovery bets
Wall Street's main indexes hit all-time highs on Tuesday, with investors piling into economically sensitive stocks on hopes of more fiscal aid to lift the world's biggest economy from a coronavirus-driven slump. The Dow Jones Industrial Average was up 110.66 points, or 0.35%, at 31,569.06, the S&P 500 was up 13.86 points, or 0.35%, at 3,948.69, and the Nasdaq Composite was up 55.97 points, or 0.40%, at 14,151.45.
European shares hover near one-year highs
European shares hovered near one-year highs on Tuesday as investors bet a bumper U.S. stimulus package will power global economic growth this year, while Glencore led a rally among mining stocks after reinstating its dividend. The pan-European STOXX 600 was down 0.13% after jumping 1.3% in the previous session to its highest level since February 2020.