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ASX continues march towards record high; Bitcoin plummets – The Sydney Morning Herald
The ASX 200 pushed higher again on Monday as investors gain confidence from the global economic recovery and strong US earnings.
Gold prices hit a seven-week high and global stocks scaled new records on Friday after strong US and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus pandemic.
Government stimulus, strong corporate earnings from US banks and in Europe, along with signs of economic recovery in countries leading the COVID-19 vaccination race have all helped push stock market indexes to new heights this week.
Wall Street extended its winning run on Friday amid strong economic…
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