World stocks rise to fresh record highs as bond yields ease – business live

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World stocks rise to fresh record highs as bond yields ease – business live
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Markets shrug off rise in US inflation, as Tesco reports near-20% slide in 2020 profits despite ‘exceptionally strong sales’

Michael Hewson, chief market analyst at CMC markets, has looked at the Tesco results. Tesco share price is still well below the pre-pandemic levels that we saw in February 2020 despite performing very well in the face of some very difficult circumstances.

 

Here we go again. Time has come to abolish stock markets. Not fit for 21st Century and the future if we want a fairer world.

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