World shares started the week off with a rally, as Japan’s Nikkei 225 index closed above 30,000 for the first time since August 1990. European markets closed sharply higher on Monday, following an advance in Asia. It was the second straight quarter of growth after a downturn drastically worsened by the impact of the pandemic. On Friday, technology companies led a late-afternoon rally on Wall Street that capped a week of wobbly trading. AdvertisementThe Standard & Poor’s 500 rose 0.5% to 3,934.83, a record high for the second day in a row.

Source: Los Angeles Times February 16, 2021 00:10 UTC