US technology shares rise while investors bet on Emmanuel Macron victory in French electionWorld markets have hit current peaks,pushed higher by continuing optimism approximately the outcome of the French presidential election, a series of positive US company results and growing anticipation over Donald Trump’s promised tax reforms.
The biggest gains on Tuesday came from the US, and with the technology-heavy Nasdaq Composite breaking the 6000 barrier for the first time,17 years after it first reached 5000 during the height of the dotcom boom. The index was boosted by technology giants such as Amazon, Apple, and Microsoft,Google and Facebook, which will be among the main beneficiaries of any Trump tax reforms. Related: Stock markets surge after French election result Continue reading...
Source: theguardian.com