World markets mixed on virus, vaccine, stimulus concerns lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.
January 27, 2021
BANGKOK (AP) Shares opened higher in Europe yesterday after a broad retreat in Asia driven by renewed worries that troubles with COVID-19 vaccine rollouts and the spread of new variants of coronavirus might delay a recovery from the pandemic.
Germany’s DAX surged 0.7 per cent to 13,738.24 and the CAC 40 in Paris gained 0.4 per cent to 5,493.14.
The FTSE 100 in Britain picked up 0.5 per cent to 6,674.87. US markets looked set for a downbeat start, with the future contract for the S&P 500 down 0.3 per cent while that for the Dow industrials lost 0.2 per cent.
Traders are keeping a wary eye on rising coronavirus infections in various countries and a bumpy rollout of vaccinations in the United States (US). The spread of variants that are thought to be more easily transmissible and might be less effectively targetted by existing vaccines is adding to alarm.