World shares rise as retail-trader volatility subsides
Investors are bracing for tougher regulation as the US treasury secretary asks whether such trade was consistent with fair and efficient markets
03 February 2021 - 12:07
Milan — World shares rose on Wednesday as volatility caused by a retail trading frenzy on Wall Street subsided on expectations of tougher regulation, while optimism about US fiscal stimulus also supported sentiment.
The MSCI world equity index was up 0.3% by 8.52am GMT, edging closer to its record peak after gains in Asia overnight and a positive open in Europe...
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