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Switzer Daily
3 May 2021
Share markets were flat to down over
the last week. Good economic activity data, strong earnings and more US stimulus
saw US shares push to a new record high, but they ended flat for the week with
inflation concerns resurfacing on Friday. Eurozone shares fell -0.5% over the
last week, Japanese shares fell -0.7% and Chinese shares lost -0.2%. For April
as a whole US shares rose 5.2% and global shares gained 3.9%. While Australian
shares gained 3.5% in April, they fell -0.5% over the past week as the local
market continues to work off technically overbought conditions after its