Global shares retreat from record highs due to profit taking
European shares fell in early trading, with rising Covid-19 cases across the continent and China dragging down commodity stocks
11 January 2021 - 13:25
London — World shares slipped from record highs on Monday as caution over rising coronavirus cases saw some profit-taking from investors, while treasury yields remained close to 10-month highs, indicating expectations for global reflation from anticipated US fiscal stimulus.
Worldwide coronavirus cases surpassed 90-million on Monday, according to Reuters tally...
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