Global stock markets mostly fell Wednesday on profit-taking after a strong global rally. Global stock markets mostly fell Wednesday on profit-taking after a strong global rally, with investors worried valuations may have gone too high. Bitcoin hit another record, at $51 719.10, having broken $50 000 for the first time on Tuesday. "A quick rise in rates could put a freeze on some of the hot growth stocks," he warned, however. Analysts expect British inflation to rise strongly in the coming months with the UK economy tipped to emerge from its latest coronavirus lockdown.

Source: News 24 February 17, 2021 15:11 UTC