Wall Street’s advance Friday was led by stocks that would benefit if vaccinations and government spending boost the
Vaccines and stimulus have “helped to create an aura of high optimism,”
The Shanghai Composite Index rose 0.4% 3,431.36 and the
The Kospi in
Markets have been swinging between optimism that vaccines might allow business and travel to return to normal and anxiety over distribution delays and concern about possible inflation after massive government stimulus.
Investors were jolted last week by news Egypt’s
The Dow Jones Industrial Average rose 1.4%, to 33,072.88. The Nasdaq composite climbed 1.2%, to 13,138.72, though it is is 6.8% below last month’s record high.
Shares of media giants
In energy markets, benchmark
The dollar declined to