Vaccine hopes help push markets ahead despite spiking infections ...Qatar

Gulf Times - News
Vaccine hopes help push markets ahead despite spiking infections
source : Gulf Times ( Qatar ) () 9
Most stock markets in the US and Europe ended the week on an upbeat note Friday as coronavirus vaccine hopes outweighed worries over spiking infections in Europe and the United States, dealers said. Asian bourses, however, took a hit as traders feared that another wave of Covid-19 lockdown measures will throw a shaky economic recovery off course. Across Europe, London’s FTSE 100 fell 0.4% to close at 6,316.39; Frankfurt’s DAX 30 was 0.2% at 13,076.72, while Paris’ CAC 40 rose 0.3% at 5,380.16. London bucked the trend on the back of a stronger pound, which hits share prices of multinational companies that earn vast sums in dollars. In New York, the Dow Jones index had added 0.8% in midday tr

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