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Asian shares rise after consumer confidence boosts Nasdaq to record high

Global shares hold near highs as investors await U.S. jobs data Reuters 12 hrs ago By Andrew Galbraith SHANGHAI (Reuters) - The MSCI global share index hovered near record highs and Asian shares rose on Wednesday after strong consumer confidence lifted U.S. shares, but investor caution ahead of U.S. jobs data and around rising virus cases capped gains. European shares were set for a lower open. Pan-region Euro Stoxx 50 futures fell 0.24%, German DAX futures were down 0.17% and France s CAC 40 futures slipped 0.13%. FTSE futures lost 0.19%. MSCI s global share index was flat set for a fifth straight month of gains a day after hitting an all-time high. MSCI S index tracking Asian shares outside Japan was set for a small monthly loss, but still on course for a fifth straight quarterly rise, its longest such streak since 2006-2007.

Global shares edge lower on new COVID-19 outbreaks in Asia

Elizabeth Dilts Marshall 5 minute read A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song/Files Summary Investors await U.S. jobs data due on Friday Delta variant pressures Asian stocks U.S. dollar gains as new virus outbreaks NEW YORK, June 29 (Reuters) - Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. and European consumer confidence, and investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy.

Global shares edge lower on new Delta Covid-19 variant outbreaks in Asia

By Elizabeth Dilts Marshall NEW YORK (Reuters) -Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. and European consumer confidence, and investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy. The U.S. dollar rose to a one-week peak on safe-haven buying stoked by fears that the highly contagious Delta variant could derail a burgeoning economic recovery. MSCI s all country world index, which tracks shares across 50 countries, shed 0.06%, as declines in Asian equities undercut new highs in U.S and European markets. The Nasdaq closed at a record high, boosted by technology stocks and a government survey showing U.S. consumer confidence in June hit its highest level since the pandemic started.

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