Contributed by NAMPA / AFP.
Global stocks mixed as inflation fears compete with economic optimism
By Ben PERRY
ATTENTION - CHANGES dateline, UPDATES with New York close ///
New York, Feb 23, 2021 (AFP) - Global stock markets headed in different directions Tuesday, but Wall Street recouped early losses after Federal Reserve chief Jerome Powell tamped down inflation worries.
US shares tumbled early but largely recovered by the close after Powell's comments, although the tech-rich Nasdaq closed lower.