World shares near record high on Fed earnings European stocks are expected to dip slightly, with euro Stoxx futures down 0.1%
about 5 hours ago
World stocks held near a record high as strong US economic data, robust corporate earnings and the Federal Reserve’s commitment to continue supporting the economy fuelled investors’ appetite for risk.
Asian stocks had less luck, with MSCI’s ex-Japan index losing 0.6 per cent, following a softer-than-expected survey on China’s manufacturing.
“China’s economic recovery in January-March was strong but there are some doubts over whether you can take it at face value,” said Wang Shenshen, senior strategist at Mizuho Securities.
1/3
A man stands in front of a screen displaying Nikkei share average and the world s stock indexes outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan December 30, 2020. REUTERS/Issei Kato/File Photo
Read More
World stocks held near a record high as strong U.S. economic data, robust corporate earnings and the Federal Reserve s commitment to continue supporting the economy fuelled investors appetite for risk.
Asian stocks had less luck, with MSCI s ex-Japan index losing 0.6% (.MIAPJ0000PUS), following a softer-than-expected survey on China s manufacturing. China s economic recovery in January-March was strong but there are some doubts over whether you can take it at face value, said Wang Shenshen, senior strategist at Mizuho Securities.
Asia stocks slip but economic optimism keeps world shares near record high
Reuters
TOKYO |
Updated on
China, Japan stocks dip ahead of long holiday Asian shares slipped on Friday but world stocks held near a record high after strong US economic data and the Federal Reserve s commitment to continue supporting the economy fuelled investors appetite for risk.
MSCI s broadest index of Asia-Pacific shares outside Japan dropped 0.5 per cent with both Japan and China falling ahead of a long weekend. Both markets will be closed through Wednesday.
Japan s Nikkei fell 0.4 per cent while China s CSI 300lost 0.5 per cent in early trade.
SAPIX小学部、御三家合格者の5割占有 中学受験常勝の法則 nikkei.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nikkei.com Daily Mail and Mail on Sunday newspapers.