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(Bloomberg) Asian stocks and U.S. equity futures wavered Monday as traders weighed Janet Yellenâs comments on higher interest rates and looked ahead to this weekâs U.S. inflation report.
(Bloomberg) Asian stocks and U.S. equity futures wavered Monday as traders weighed Janet Yellenâs comments on higher interest rates and looked ahead to this weekâs U.S. inflation report.
Shares fluctuated in Japan and retreated in Hong Kong. U.S. equity contracts fell after the S&P 500 rose toward a record on a jobs report that was strong enough to stir reopening optimism but not inflation fears. Investors continue to assess whether price pressures will lead central banks to pare stimulus earlier than expected.
Taper-Tantrum Woes Fuel Hunt for Foolproof Emerging Markets bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Bullion tumbled as the dollar and Treasury yields rose following better-than-expected US data which added to speculation the Federal Reserve may bring forward the timeline for tapering bond purchases.
U S stocks trade near record after U S hiring data bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.