Company / Analytics

Analytics, 06 March 2021

Week 9 in Brief

Stocks rebounded on Friday, as the rise in bond yields steadied, driven by a stronger-than-expected February jobs report which indicated the US economy is recovering from the effects of the pandemic.

Investors continued to rotate out of big technology shares and into the cyclical sectors that tend to thrive in a recovering economy. The market’s volatility reflects a so-called rotation out of highflying technology stocks, viewed as expensive by some measures, to other areas of the market considered undervalued, including energy and financials, amid the rise in bond yields.

How did the major indices perform?

What drove the market?

Which stocks were in focus Friday?

How did the European markets perform?

How did Asian markets perform?

Asian markets finished lower on Friday with shares in Hong Kong leading the region. The Hang Seng is down 0.35% while Japan’s Nikkei 225 is off 0.23% and China’s Shanghai Composite is lower by 0.04%.

Commodities and other assets

Currencies

Next Week

Choose one or several trading platforms and achieve your goals with Investors Europe

Investors Europe (Mauritius) Limited is authorised and regulated by the FSC Mauritius, license C112011088. Registered address: 3rd Floor Ebene House, Hotel Avenue,33 Cybercity, Ebene 72201, Republic of Mauritius. Registered Number: 113933.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures, foreign currencies, and bonds involve a high level of risk. Trading on margin comes with substantial risk as well. You must be aware of these risks before opening an account to trade. The income you may get from online investing may go down as well as up.