Published 3 years ago

Markets mixed as early rally loses momentum

Summary

European stocks drifted lower Wednesday as initial gains fizzled out after a record-breaking Wall Street run on positive vaccine news as dealers worried about the impact of a spike in coronavirus infections around the world. Nearing midday, London's benchmark FTSE 100 index lapsed into the red with investors also cautious before a key British government budget spending statement at 1230 GMT.

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News24

Markets mixed as early rally loses momentum

Asian markets were mixed Wednesday as an early rally fizzled out on profit-taking and lingering worries about the impact of a spike in coronavirus infections around the world.

3 years ago·South Africa

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IBTimes

Markets Mixed As Early Rally Loses Momentum

Asian markets were mixed Wednesday as an early rally fizzled out on profit-taking and lingering worries about the impact of a spike in coronavirus infections around the world. Regional investors rushed out of the blocks in the morning following a blockbuster performance on Wall Street, as vaccine successes and easing US political uncertainty boosted investor confidence in the economic recovery. Signs that infection rates in Europe are slowing en…

3 years ago·United States

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