• Computer & Technology
  • SEO
  • Technology
  • About Us
    • Contact Us
    • Advertise Here
    • Disclosure Policy
    • Sitemap
Sidebar

lp

Recent Posts

  • Is Lam Research (LRCX) Stock Outpacing Its Computer and Technology Peers This Year?
  • Pc Definition & That means
  • Rapinoe Fuses Politics, Pay And Tech With World Cup Win
  • Is Maxar Technologies (MAXR) Stock Outpacing Its Computer and Technology Peers This Year?
  • How Can I Learn Extra About Computer systems?

Archives

Categories

March 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Feb    

TL

pixliv Digitally first class

Theme by The WP Club . Proudly powered by WordPress

  • Computer & Technology

Global shares mixed on caution after modest US gains

February 4, 2021
evan
0 Comments

TOKYO (AP) — Asian shares fell but European benchmarks edged higher Thursday as caution set in over company earnings reports, recent choppy trading in technology stocks and prospects for more economic stimulus for a world battling a pandemic.

France’s CAC 40 rose 0.5% to 5,591.22 and Germany’s DAX added 0.5% to 14,004.17. Britain’s FTSE 100 rose 0.6% to 6,548.01. U.S. shares were set to drift higher with Dow futures inching up less than 0.1% to 30,638.5. S&P 500 futures were also up by nearly 0.1%, at 3,826.62.

Also on market players’ minds is the global vaccine rollout, which is becoming more organized in the U.S., but has yet to play out in much of Asia, except for China, where the pandemic started.


Japan’s Nikkei 225 slipped 1.1% to finish at 28,341.95, while South Korea’s Kospi dropped 1.4% to 3,087.55. Australia’s S&P/ASX 200 slipped 0.9% to 6,765.50. Hong Kong’s Hang Seng lost 0.7% to 29,113.50, while the Shanghai Composite was down 0.4% to 3,501.86.

Stocks have been mostly rallying this week, an encouraging start to February after a late fade in January as volatility spiked amid worries about the timing and scope of another round of stimulus spending by the Biden administration, unease over the effectiveness of the government’s coronavirus vaccine distribution and turbulent swings in GameStop and other stocks hyped on social media.

Wall Street ended Wednesday with modest gains, with the S&P 500 up 0.1%, at 3,830.17. The Dow Jones Industrial Average gained 0.1% to 30,723.60. The tech-heavy Nasdaq slipped less than 0.1%, to 13,610.54. The index briefly surpassed its all-time high set last week.


Democrats and Republicans remain far apart on support for President Joe Biden’s $1.9 trillion stimulus package, but investors are betting that the administration will opt for a reconciliation process to get the legislation through Congress.

In energy trading, benchmark U.S. crude gained 39 cents to $56.08 a barrel in electronic trading on the New York Mercantile Exchange. It picked up 93 cents to $55.69 per barrel on Wednesday. Brent crude, the international standard, added 39 cents to $58.85 a barrel.

In currency trading, the U.S. dollar inched up to 105.16 Japanese yen from 105.01 yen. The euro cost $1.2010, down from $1.2035.

caution Gains global mixed modest shares

« Alexandrite Advertising Technical Business Improvement
Computer Technology Dictionary Definition »
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT