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

ADC Stakeholders Back Mohammed Abdullahi for Nasarawa Governorship, Urge Unity Ahead of 2027

Stakeholders of the African Democratic Congress (ADC) in Nasarawa...

EFCC Arraigns Man Over Alleged ₦9.87m Theft in Lagos Court

By Francis WilfredThe Economic and Financial Crimes Commission...

Six Diseases Now Deadlier Than HIV Globally — WHO Data

New global health data from the World Health Organization...

Kaduna Group Inaugurates LG Campaign Structures in Support of Tinubu, Uba Sani

A support group linked to Nigeria’s Minister of Defence,...

FCT Administration Targets May Completion for Key Judicial Infrastructure Projects—Wike

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Nigeria, Bangladesh Strike Collaboration Deal on Pharmaceutical Development

By Joyce Remi- BabayejuNigeria and Bangladesh have entered into...

NEMA Receives 100 Nigerian Returnees from Algeria Under IOM

By Joyce Remi- BabayejuThe National Emergency Management Agency (NEMA),...

A’Ibom youths protest non- employment, marginalisation in oil palm firm

By Ogenyi Ogenyi, UyoNo fewer than 100 youths from...

Cement at ₦11,000: Is it time for Nigerians to return to building with mud?

Rising cement prices, now exceeding ₦11,000 per bag, are...

Six Diseases Now Deadlier Than HIV Globally — WHO Data

New global health data from the World Health Organization...

Concerns as Blessing CEO auctions property for sale amid battle with stage 4 cancer

Nigerian social media personality Blessing CEO has stirred concern...

Related Articles

Popular Categories

spot_imgspot_img