As vaccination programmes gather steam, economists are busy predicting how quickly countries around the world will bounce back from the economic damage done by COVID-19. Last week, the IMF upgraded its world economic growth forecast for the second time in three months, although it also warned
As the UK enters the next phase of its lockdown easing today, it does so against the backdrop of a strong week for its FTSE 100 index of large public companies. As shops, gyms, and pub gardens re-open after a long hiatus, markets appear to
US stocks reached new highs at the end of the four-day trading week, with technology stocks enjoying a resurgence. They were also supported by an announcement from President Joe Biden, who unveiled a $2 trillion infrastructure plan last week. Although broad-ranging in its scope, the plan
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
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