World stocks generally edged higher Friday as investors awaited more guidance on the U.S. Federal Reserve's easing plans. In early trading, Germany's DAX rose almost 0.1per cent to 15,797.05 and the FTSE 100 in Britain added 0.1per cent to 7,128.59. France's CAC 40 slipped less than 0.1per cent to 6,664.55, however. Wall Street was positioned for gains. Futures for the benchmark S&P 500 rose 0.3per cent to 4,480.25. That of the Dow also gained 0.3per cent to 35,261.00. The moves in the U.S. and Europe followed an uninspired trading day in Asia. Markets are awaiting comments from Fed Chair Jerome Powell, who is to speak at the central bank's annual symposium in Jackson Hole, Wyoming, later Friday. Any indications of when the bank will start scaling back on asset purchases will be closely watched. So will any signs of concern about the coronavirus delta variant, which could signal a cautiousness toward tapering, analysts said. Several Fed officials have suggested that the easing ...
MSCI's World index was last down 0.3%, leaving it broadly flat on the week, but up 1.1% for the month, just shy of a record high.
Markets are nervous about riskier assets before the release of the June policy minutes
Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding US inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows
E-mini futures for the U.S. S&P 500 index gained to their highest in two weeks, up 0.7%
Bitcoin added to the bullish mood, briefly climbing above $50,000 for the first time
Positive news about potential vaccines had helped push the MSCI World Index to a record high earlier in the week
Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels
(Reuters) - Apple Inc and semiconductor stocks powered the S&P 500 and Nasdaq indexes to record highs on Monday, after a report signaled that the United States and China were nearing a trade truce, with sentiment also buoyed by a raft of mega deals.
The latest news on the trade deal came after a series of headlines earlier this week that suggested ongoing talks were unraveling
The mood in markets soured after the US Senate angered China by passing a bill requiring annual certification of Hong Kong's autonomy and warning Beijing against suppressing protesters
European shares fell after data showing the German economy grew just 0.1% in the third quarter
Beijing and Washington are trying to hammer out a deal before a March 1 deadline, without which U.S. tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25% from 10%
World stocks are heading for their fifth straight week of losses and look set for their worst month in around seven years
Cyclical sectors including basic resources, autos and banks, hit particularly hard over the past two sessions in Europe, led gains
US economy is experiencing a combination of high growth and low inflation, referred to in the market as a "Goldilocks" trend
Wall Street's Dow Jones and S&P 500 benchmarks had slumped 4.6 percent and 4.1 percent on Monday, their biggest drops since August 2011
European shares edged up too though they were in the red for the week as the pressure of more euro strength
Wall Street last week posted its best start to a year in more than a decade
Asian stocks struck a range of new peaks: a record high for Philippine stocks