BRUSSELS－Finance ministers from the Group of Seven, or G7, nations will vow this week to support their economies as they emerge from the pandemic and reach an "ambitious" deal on a minimum global corporate tax in July, a draft communique showed.
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WASHINGTON (Reuters) - Global equities set both an intraday high and record close on Tuesday as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation, while Wall Street’s main indexes wavered before ending little changed.
FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri/File Photo
Energy shares were among the best performing during the session as the OPEC+ alliance agreed to hike output in July and gave a bullish forecast. U.S. crude futures rose to their highest in more than two years. The dollar ended little changed, while Treasures, gold and bitcoin slipped. Financial shares countered declines in healthcare.
Copper fell on Wednesday on signs of weakening demand in top consumer China and as a firmer dollar made greenback-priced metals more expensive to holders of other currencies.