Wall Street’s main indexes hit record highs today. US investors have made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery. Investors were keeping an eye on bitcoin as it rose again, with Elon Musk promising Tesla would soon take payment for its electric vehicles in the currency and revealing it had already bought $1.5 billion worth of it. Benchmark US Treasury yields surged to 11-month highs as the US fiscal stimulus was seen boosting economic growth and raising inflation more quickly than expected, and before the Treasury Department sells new longer-dated debt. The Reddit rally looks to be coming to a long-awaited end with Gamestop trading down nearly seven per cent to $59.11 while fellow meme stock AMC Entertainment plunged 11.2 per cent to $6.05 per share. Meanwhile, London markets started the week on the right foot, bringing the FTSE three-session losing streak to an end. The FTSE 100 by the close was up 0.7 per cent to 6,533. Investor sentiment has turned positiuve of a global economic recovery from the pandemic and renewed optimism over US stimulus plans. The FTSE 250 was up 0.1 per cent to 21,087, gaining for a sixth straight day. “The UK commodities are higher, which is tied into the hopes that a $1.9 trillion US stimulus package is going to passed without the help of Republicans. I think that is the underlying market driver,” said Connor Campbell, analyst at Spreadex. Elsewhere, Asian stock markets rose, buoyed by the growing pace of vaccine rollouts and falling rates of coronavirus infection. The Asian mood was upbeat as all major indexes clocked gains as shares hovered near record highs