European Shares Seen Tad Higher At Open

By RTTNews5 days ago

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(RTTNews) - European stocks may open higher on Thursday after gains in several big tech stocks helped nudge the S&P 500 to a second record high in three days.

The dollar index hovered close to two-week lows as U.S. Treasury yields continued to retreat from more than 1-year highs.

Asian markets remain broadly higher, though Japanese shares fell on concerns about a spike in domestic Covid infections and possible restrictions on economic activity.

China reported 24 cases for Wednesday, up from 12 a day earlier. South Korea reported 700 new cases, the highest daily figure since early January.

India is battling a deadly second wave with daily infections this week passing the peak of the first wave seen last September.

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