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World shares near new peak on stimulus hopes, oil gains

5 Min Read NEW YORK (Reuters) - A gauge of global equity markets scaled a new record on Friday on investor expectations of further stimulus from Washington and economic revival hopes that also lifted crude oil prices to nearly $60 a barrel. FILE PHOTO: People walk past the New York Stock Exchange (NYSE) amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., February 3, 2021. REUTERS/Carlo Allegri MSCI’s all-country world index, which captures equity performance in 50 countries but is heavily weighed to U.S. stocks, especially big tech, rose 0.62% to cap its best week in three months, a gain of 4.35%.

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World shares scale new peak on stimulus hopes; oil gains

5 Min Read NEW YORK (Reuters) - A gauge of global equity markets scaled a new record on Friday on investor expectations of further stimulus from Washington and economic revival hopes that also lifted crude oil prices to nearly $60 a barrel. FILE PHOTO: People walk past the New York Stock Exchange (NYSE) amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., February 3, 2021. REUTERS/Carlo Allegri MSCI’s all-country world index, which captures equity performance in 50 countries but is heavily weighed to U.S. stocks, especially big tech, rose 0.62% to cap its best week in three months, a gain of 4.35%.

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Wall Street continues climbing, dollar rebound punctured

Wall Street continues climbing, dollar rebound punctured
sanantoniopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanantoniopost.com Daily Mail and Mail on Sunday newspapers.

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Wall Street rally cools after two-day climb; Alphabet jumps

4 Min Read (Reuters) - The Dow and S&P 500 rose slightly on Wednesday, registering a third straight session of gains, with Alphabet Inc’s shares hitting a record high following its strong quarterly results. Alphabet shares ended up 7.3% and provided the biggest boost to the S&P 500. The Google parent late Tuesday posted results that topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic. With recent stronger-than-expected results from Alphabet and other companies, S&P 500 companies are now on track to post earnings growth for the fourth quarter of 2020 and to defy expectations for another quarterly profit drop due to the pandemic, based on data from Refinitiv Wednesday.

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Global equities rally as more U S stimulus looms, silver slides

Global equities rally as more U.S. stimulus looms, silver slides Published 2 months ago By Herbert Lash NEW YORK (Reuters) – Global stock markets surged for a second day on Tuesday, spurred by increased optimism about more U.S. stimulus and the economic recovery, while retail investors retreated from GameStop and fleeting interest in silver, causing their prices to tumble. The party for the Reddit-inspired trading frenzy that pushed GameStop’s stock up five-fold in five days last week appeared over as its shares plunged 60% in heavy trade to close at $90.00, less than one-fifth of an all-time peak on Friday. Silver prices also fell on Tuesday, sliding 8.5% to $26.54, after exchange operator CME Group Inc raised maintenance margins on its COMEX 5000 Silver Futures contract by 17.9% to their highest since October 2020.

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