Global shares mixed amid vaccine optimism, US technology sell-off

Global markets were mixed Tuesday after a sell-off of shares in technology companies on Wall Street.
France’s CAC 40 edged 0.3per cent higher in early trading to 5,782.75, while Germany’s DAX was little changed, up less than 0.1per cent at 13,953.13. Britain’s FTSE 100 gained 0.5per cent to 6,646.83. U.S. shares were set for gains, with Dow futures up 0.3per cent at 31,548. S&P 500 futures rose 0.2per cent to 3,882.88.
Tokyo was closed for a national holiday. South Korea’s Kospi slipped 0.3per cent to 3,070.09. Australia’s S&P/ASX 200 gained 0.9per cent to 6,839.20. Hong Kong’s Hang Seng jumped 1.0per cent to 30,632.64, while the Shanghai Composite lost 0.2per cent to 3,636.36.
The technology sell-off spilled into Asia. Chinese cell phone maker Xiaomi fell 3.1per cent, e-commerce giant Alibaba lost 1.2per cent and Taiwan computer chip maker declined 1.4per cent.
Although the world’s economies have been battered by the coronavirus pandemic, the deployment of COVID-19 vaccines ..