Global equities near record high as ‘meme stocks’ lift Wall Street at open
By Katanga Johnson
WASHINGTON (Reuters) – Global stock markets hovered near record highs on Wednesday despite wary investors remaining unconvinced by central bank assurances that the current inflation upsurge is transitory.
U.S. equities inched higher at the open as some high valuations, including of so-called “meme stocks”, fed into investor sentiment.
The mood on Wall Street is likely to be less buoyant than a day prior as traders waited for crucial U.S. jobs data later this week to assess what…
