Japanese shares rose on Tuesday, led by gains in stocks of glass product companies and department store operators after their robust earnings.
US inflation figures — due 1.30pm London time — will be 'the big highlight' in global markets today, according to Deutsche Bank strategist Jim Reid.
A setback in the Covid-19 vaccine rollout has renewed demand for pandemic-era winners, helping to fuel gains in technology stocks and US government bonds. The Nasdaq Composite, which is stacked with technology and healthcare stocks, closed up 1.1 per cent. Ecommerce site Overstock.com posted gains of 7.6 per cent, while Zoom, the video conferencing platform, rose 6.6 per cent. The S&P 500, meanwhile, inched up 0.3 per cent to a record high, with large gains notched up by Apple, Etsy, Twitter and eBay.