Breaking News

Coronavirus live news: Latin America deaths near 250,000; Russia to start mass vaccine trials

Another 1,204 fatalities in Brazil push continent’s toll higher; Russian test to involve 40,000 people; UK’s second city Birmingham faces lockdown

12.39am BST

Two days ago the S&P500 stock market index reached an all-time high and today it’s the turn of the tech-heavy Nasdaq index.

Shares in Apple, Microsoft and Tesla all rose strongly to lift the Nasdaq 1.1% despite a so-so showing from other indices, including the S&P which slipped from its Wednesday peak. In London the FTSE100 slipped 1.5% and other major markets saw similar falls.

The love for technology stocks grew as the favorite pandemic plays, such as Apple and Tesla, saw strong demand. No one wants to short this market, so we are seeing investors just rotate back into technology stocks today.

12.36am BST

Japan will ease its Covid-19 entry restrictions on foreigners with resident visas from next month, public broadcaster NHK reported on Friday morning.

Japan on course to ease re-entry restrictions

Continue reading…

Source link