20210203 - RMB Markets Daily: Retail frenzy subsides.

Published: Feb. 3, 2021, 6:39 a.m.

Globally, sentiment continued to improve as focus turned back to renewed stimulus hope, vaccines roll-out and better-than-expected earnings from tech companies, while the US retail frenzy subsided. Equity markets posted solid gains for the second consecutive day, with the S&P 500 and Nasdaq rising by 1.4% and 1.6% on Tuesday. See omnystudio.com/listener for privacy information.