Stock markets mostly fell Monday as falling infection rates and more good news on the vaccine front were overshadowed by growing worries about high valuations and inflation. Prime Minister Boris Johnson is set Monday to start unwinding England's third and potentially final coronavirus lockdown. European stock "markets have kicked off the week on a somewhat unstable footing, with the fears over rising inflation and (US) Treasury yields once again dampening sentiment. Stock markets mostly fell Monday as falling infection rates and more good news on the vaccine front were overshadowed by growing worries about high valuations and inflation. The stock market rally that has meanwhile characterised the past few months looks to have ground to a halt as traders fret that prices may have become a little too frothy.
Source: News 24 February 22, 2021 13:07 UTC