World stocks rose on Tuesday, as investors anticipated the U.S. Federal Reserve and other central banks meeting this week will keep policies accommodative to help drive a post-pandemic global economic recovery. European shares extended a rally that began on Wall Street on Monday and continued into Asia, with the pan-region STOXX 600 index up 0.5%. On Monday, the index touched its highest level in more than a year before ending flat. [.EU] Britain s FTSE 100 index rose 0.7%, Germany s DAX 0.6%, France s CAC 40 0.2% and Italy s FTSE MIB index 0.6%. E-mini futures for the S&P 500 hit a record high before trading flat on the day.
Read more about Gold prices edges up on inflation bets as Fed meeting looms on Business Standard. The Bank of England and Bank of Japan also have meetings on Thursday and Friday this week
Read more about World stocks hit highest in a week as inflation worries ebb on Business Standard. E-mini futures for the U.S. S&P 500 index gained to their highest in two weeks, up 0.7%
Read more about Gold prices decline as US bond yields, dollar advance on Business Standard. US yields recovered on Wednesday, reducing the appeal of holding gold, while the dollar also bounced back
Read more about Post stimulus progress, Nasdaq futures slide 2% on inflation jitters on Business Standard. Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1.3% and 3%