TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsStocks edge up, dollar buoyant on Fed taper talk
10-year Treasury yields off Monday's recent high.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
G
lobal shares hovered below record highs on Tuesday, while anticipation of earlier tapering by the Federal Reserve kept investors cautious which drove the US dollar to a four-month high versus the euro.
Markets were looking ahead to US inflation numbers on Wednesday for further indications of when the world's largest economy may start to withdraw stimulus after taper talk was amped up by strong jobs data.
MSCI's All Country World Index, which tracks shares across 49 countries, was 0.1 percent up on the day, below record highs scaled last week.
European shares pushed to fresh record highs, with the STOXX 600 0.2 percent stronger, extending gains to a seventh straight session, boosted by travel and leisure companies.
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.4 percent higher after trading much of the day in the red as worries weighed about the spread of the Delta variant of COVID-19.
China on Monday reported more COVID-19 infections in what seems to be its most severe resurgence of the disease since mid-2020, as some cities added rounds of mass testing in a bid to stamp out infections.
Nasdaq futures added 0.1 percent and S&P 500 futures were flat.
