US economic recovery hopes lift Asian equity markets ...Qatar

Asian markets rose yesterday after recovery hopes for the coronavirus-battered US economy fuelled another round of record highs on Wall Street to close last week’s trade. Both the Dow and S&P finished at new peaks on Friday and also posted their fourth consecutive weekly gains, following on the heels of strong data for American housing starts, employment and retail sales. Investors are banking on accelerated US pandemic containment efforts marking a step towards economic normalcy, with half of all adults in the country now having had at least one vaccine dose. The easing of restrictions in Europe has also boosted optimism even as analysts keep a wary eye on alarming outbreaks prompted by ne

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