Shares falter as US passage of stimulus bill hits Treasuries and tech stocks
Nasdaq and S&P 500 futures slip as MSCI’s broadest index of Asia-Pacific stocks outside Japan falls
Sydney — Share markets turned mixed on Monday as the US Senate passage of a $1.9-trillion stimulus bill augured well for faster global economic growth, but also put fresh pressure on Treasuries and tech stocks with lofty valuations.
The upbeat economic news continued as China’s exports surged 155% in February compared with a year earlier when much of the economy shut down to fight the coronavirus...
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