x

Global shares rise ahead of Biden’s inauguration as U.S President

Global shares were mostly higher ahead of Joe Biden’s inauguration as U.S. president Wednesday.

France’s CAC 40 added 0.2% to 5,607.84 in early trading, while Germany’s DAX rose 0.2% to 13,848.56.

Britain’s FTSE 100 edged up 0.1% to 6,722.42. U.S. shares were set to drift moderately higher as Dow futures inched up less than 0.1% to 30,841.0. S&P 500 futures were up 0.3% at 3,800.12.

Japan’s benchmark Nikkei 225 slipped 0.4% to finish at 28,523.26. Australia’s S&P/ASX 200 added 0.4% to 6,770.40, while South Korea’s Kospi edged up 0.7% to 3,114.55

Hopes are growing that Joe Biden’s planned stimulus for the American economy as well as measures to curb the pandemic will boost regional markets.

Markets have been rising on enthusiasm about a coming economic recovery as more people are inoculated with COVID-19 vaccines and Washington gets set to try for another round of economic stimulus.

Hot this week

HAJJ 2026: FCT MPWB Intending Pilgrims Orientation Exercise Begins Weekend

By Joyce Remi- BabayejuThe FCT Muslim Pilgrims Welfare Board...

Rising Anti-Foreign Protests Put Nigerians at Risk in South Africa

By Abdul Mahmoud YayaleTensions are once again rising...

PDP Screens Candidates Ahead of Convention, Signals Continuity in National Leadership

The Peoples Democratic Party (PDP) has begun screening aspirants...

Kogi Governor Calls for Objective Journalism to Strengthen Good Governance

Governor Ahmed Usman Ododo has urged journalists in Kogi...

TCN, NISO, KEDCO Strengthen Partnership to Improve Power Supply in Kano

The Transmission Company of Nigeria (TCN), in collaboration with...

Igoche Mark Seeks ABU Partnership to Expand Basketball Scholarships

Renowned basketball promoter Igoche Mark is exploring a partnership...

EFCC Memo Alleges $5m Telecoms Fraud Involving Afreximbank, FCMB and Others

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission...

Akpabio Reaffirms Senate Support for Proposed Anioma State Creation

President of the Senate, Godswill Akpabio, has reiterated the...

Related Articles

Popular Categories

spot_imgspot_img