GLOBAL MARKETS-Shares falter as tech skids, yields and oil ring inflation alarm – Reuters

GLOBAL MARKETS-Shares falter as tech skids, yields and oil ring inflation alarm – Reuters

* Asian stock markets : tmsnrt.rs/2zpUAr4* Asia shares lose gains as Nasdaq futures slide* Senate passes $1.9 trln stimulus, set to be signed in days* Dollar gains on euro, yen as U.S. yields race ahead* Oil prices jump to 1-year high as Saudi facilities attackedSYDNEY, March 8 (Reuters) - Share markets turned mixed on Monday as the U.S. Senate passage of a $1.9 trillion stimulus bill augured well for faster global economic growth, but also put fresh pressure on Treasuries and tech stocks with lofty valuations.The upbeat economic news continued as China's exports surged 155% in February compared with a year earlier when much of the economy shut down to fight the coronavirus."With the Senate's passage, we expect growth momentum to accelerate and forecast global GDP growth will surge to a 7.5% annualised rate in the middle quarters of the year,“ said JPMorgan economists in a note."Every $1 trillion of fiscal stimulus adds around $4-$5 to EPS, implying 6-7% upside for the remainder of the year.“However, analysts also expected a sharp acceleration in inflation, stoked in part by the latest spike in oil prices, which was pushing up bond yields and stretching equity valuations, particularly in the high tech space.That