Most of the major benchmarks moved steadily higher and outperformed. Tech shares regained the lead among the sectors. Oil prices pulled back on concerns over a big jump in the gasoline stocks. The Fed's dovish monetary was reaffirmed in the FOMC Minutes from the March meeting.

Global stock markets advanced as investors are cheering increasing signs of strength in the economy. A combination of hopeful vaccine news, fiscal stimulus plans & stronger economic data overpowered uncertainty about the potential negative effects of rising bond yields.

Equities in major markets were mixed last week as investors seemed to continue weighing optimism about economic reopening against COVID-19 cases, inflation, and interest rate concerns. A container ship that ran aground at Suez Canal raised worries about already stressed global supply lines.

The major indexes continued to move to record highs early in the week, before ended mixed, as bond yields spiked to its highest levels in over a year. Among important economic data being released this week including the GDP growth figure, the PMI composite & PCE deflator.

The market touched a new high last week as optimism over the economic recovery continues to fuel the rally. A fluctuating longer-term bond yields still seems to be the focus for the following week. The FOMC rate decision & press conference on Wednesday is awaited.

Global stock indices were mixed as investors weighed the outlook for higher yields and borrowing costs against mostly better-than-expected economic data. Improving economic optimism extended the retreat of gold prices from their high last August and boosted oil prices to their highest in more than two years.

Equity markets were lower for the week, as expectations of inflation and rising costs overweighted the outlook for corporate profitability and stock valuations. Crude oil climbed to its highest since 2019.

Equities began the week rallying on expectation of faster economic recovery, before reversed course and declined after inflation fears took center stage. Brent oil extends weekly gains, while WTI slipped to around $59. Cryptocurrency market climbing.

Global stocks pushed higher as investors continued to take comfort in the fiscal stimulus plan, progress on vaccine and positive earnings reports. Oil extends weekly gains. Important U.S. economic data being released this week include the FOMC minutes, PMI, PPI, import export and retail sales.

Every major equity market advanced, many by as much as 3%–6% to make up for the previous week’s losses, sending some major benchmarks to their best weekly gain. Oil jumps and Q4 earnings results continued to improve. Dollar lifted to a 2-month high and gold slipped.

Equities fell in every major global market last week in response to growing concerns about new virus variants, vaccine rollout delays, supply shortages and tightened economic lockdowns and border controls, with spotlight also on Reddit-fuelled rally chaos against the short sellers.

Optimism about fiscal stimulus, positive economic data, and an encouraging start to earnings reporting season, boosted all major stock indices. Investors cautious over the first U.S. Fed meeting under President Biden administration later today & as the Fed concludes its 2-day meeting on Wednesday.