US stocks ended the week at new highs after a volatile few days that saw a continuation of recent moves in equity markets.
The S&P 500 Index of large US companies closed the week higher, but underneath the surface there were large ups and downs in
The major US stock indices were choppy again last week, led up and down by the same themes that have been driving markets over the past few weeks.
As the world economy prepares to reopen thanks to vaccine successes, financial markets are weighing up what the
The share prices of large US technology businesses led stocks higher last week. After a couple of weeks in which they had lagged, fast-growing businesses were again at the centre of a broad stock market rally.
The S&P 500 index of large US companies ended Thursday
US stocks rallied on Friday, after a volatile week that saw technology shares fall again. Although the S&P 500 index of large US companies was up for the week, the tech-heavy Nasdaq index was down for the third week in a row.
Many technology shares have
The share prices of US technology companies lowered last week. On Thursday, the Nasdaq index of US stocks, which is heavy with technology companies, was down around 3.5% – although prices began to recover towards the end of the week.
Over the past couple of years,
Last week, Chinese stock markets briefly rose above their all-time high. Fresh from the Lunar New Year break, investors pushed the CSI 300 Index of Chinese stocks to levels not seen since 2007 – although it later settled below that point.
China’s economy has been going
US and world stocks hit new highs at various points last week as investor optimism carried markets through another week of gains.
Hopes are growing that the world will enjoy a strong economic recovery this year. President Biden’s team has made progress with its economic stimulus
As more and more people got vaccinated, world stocks had their best week since November last year. Although new strains of COVID-19 are concerning, the fight against the pandemic seems to be on the front foot.
Early data from Israel, for example, suggests that cases and
Until very recently, GameStop wasn’t a household name. However, last week, the American video game retailer became the centre of a global controversy with billions of dollars at stake.
The story began last year, when an amateur investor shared a theory about GameStop’s share price on
“We’ve learned again that democracy is precious, democracy is fragile and, at this hour my friends, democracy has prevailed.”
In his inauguration speech last week, President Joe Biden tried to put the recent violence on Capitol Hill firmly in the past. Calling for unity, he urged
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