Global shares are up as silver soars on social media-driven rally
Global stocks are up 0.5% and S&P 500 futures 1%, with some analysts saying it is still vaccine rollout, not Reddit users, weighing on risk assets
01 February 2021 - 12:43
London — Global shares bounced and silver markets surged on Monday as retail investors expanded their social media-fueled battle against Wall Street to drive the precious metal to an eight-year high.
Stock markets were roiled last week after a spike in retail demand to buy the stocks most bet against by hedge funds drove huge gains in companies such as GameStop and prompted fresh concern that Covid-19 monetary and fiscal support measures are fueling a market bubble...
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