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4 Min Read NEW YORK (Reuters) - Global stocks slipped from record levels on Tuesday, with investors cautious as the Federal Reserve kicked off its two-day policy meeting and U.S. lawmakers continued to debate a new stimulus plan. FILE PHOTO: Traders wearing masks work,on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid/File Photo Those concerns overshadowed impressive results from a slew of companies, including from General Electric and Johnson & Johnson, which had earlier pushed the S&P 500 to a record high. “Investors don’t expect the Fed to give any reason to think they are getting closer to talking about when they will consider scaling back QE, but nervousness is brewing on Wall Street,” said Edward Moya, senior market analyst at OANDA in New York. ....
Italian PM Conte to resign Asian shares sell off Fed meets on Tuesday-Wednesday, no fireworks expected LONDON/SINGAPORE, Jan 26 (Reuters) - U.S. Treasury yields fell to three-week lows while stock markets were mixed on Tuesday as concerns about potential roadblocks to new U.S. President Joe Biden’s planned $1.9 trillion stimulus weighed on investor sentiment. Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve’s policy meeting this week also dulled appetites for risk, lending support to the dollar against a basket of currencies. Oil prices edged down. The yield on Germany’s 10-year government bond, seen as Europe’s safest asset, dropped to a two-week low amid a fresh bout of political turmoil in Italy. ....
SINGAPORE: Asian stocks fell on Tuesday, retreating from record highs as lingering concerns about potential roadblocks to the Biden administration’s $1.9 trillion stimulus weighed on sentiment, dragging US Treasury yields to three-weeks lows. The lower risk appetite lent some support to the dollar against a basket of currencies, while oil prices edged down. EUROSTOXX 50 futures eased 0.1 percent while FTSE futures added 0.03 percent, indicating a mixed open for European stock markets. E-Mini futures for the S&P 500 ESc1 shed 0.5 percent. In a sea of red seen across markets, South Korea and Hong Kong topped losers and fell more than 2 percent each, Japan slipped 0.9 percent and Chinese stocks shed 1.6 percent. All touched milestone highs earlier this month. ....
US Treasury yields fall, dollar firms on stimulus delay worries SECTIONS Last Updated: Jan 26, 2021, 03:55 PM IST Share Synopsis Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve’s policy meeting this week also dulled appetites for risk, lending support to the dollar against a basket of currencies. Oil prices edged down. Reuters NSE Explore Now LONDON/SINGAPORE: US Treasury yields fell to three-week lows while stock markets were mixed on Tuesday as concerns about potential roadblocks to new US. President Joe Biden’s planned $1.9 trillion stimulus weighed on investor sentiment. Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve’s policy meeting this week also dulled appetites for risk, lending support to the ....
Premarket: U.S. Treasury yields fall, U.S. dollar firms on stimulus delay worries theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.