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

FG Youth Opportunity Summit Engages 12,000 Young Nigerians, Mobilises 255 Volunteers

The Federal Government says its Youth Opportunity Summit has...

Tinubu Nominates Taiwo Oyedele as Minister of State for Finance

President Bola Tinubu has nominated Dr. Taiwo Oyedele as...

Akwa Ibom Clears N39bn Inherited Commercial Bank Debt, Says Finance Commissioner

By Ogenyi Ogenyi, UyoThe Akwa Ibom State Government...

Kano Assembly Begins Impeachment Proceedings Against Deputy Gov Aminu Abdulsalam

By Jabiru HassanThe Kano State House of Assembly has...

TCN Begins Maintenance at Fakun 330/132/33kV Substation, Power Supply Affected

By Jabiru HassanThe Transmission Company of Nigeria (TCN)...

My credentials are valid, Deputy Speaker, Kalu denies alleged certificate forgery

By Our CorrespondentThe Deputy Speaker of the House of...

The Power List: Women Driving Gender Advocacy in Nigeria

International Women’s Day Special FeatureVoices of Impact: The Advocates...

Uba Sani Urges Journalists to Remain Vigilant Against Threats to Democracy

By Achadu Gabriel, KadunaKaduna State Governor, Senator Uba...

World Bank Commends Kogi Governor Ododo for Expanding Healthcare Access

From Noah Ocheni, LokojaThe World Bank has commended...

Gunmen Kill One, Abduct 13 in Multiple Attacks Across Kogi Communities

From Noah Ocheni, LokojaSuspected kidnappers have killed one...

Contempt: Court orders arrest of Asekun, revokes Richard’s bail

By Ogenyi OgenyiA Federal High Court in Lagos has...

Related Articles

Popular Categories

spot_imgspot_img