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Global shares edge lower on new Covid-19 outbreaks in Asia | Money

Wednesday, 30 Jun 2021 08:45 AM MYT The Nasdaq closed at a record high, boosted by technology stocks and a government survey showing US consumer confidence in June hit its highest level since the pandemic started. Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. NEW YORK, June 30 Global shares edged lower yesterday, as new coronavirus outbreaks in Asia vied with strong US and European consumer confidence, and investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy. The US 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.

Global shares edge lower on new COVID-19 outbreaks in Asia - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events Africa s news leader

30 June 2021, 2:34 AM  |  Reuters  |  @SABCNews Image: Reuters The Nasdaq closed at a record high, boosted by technology stocks and a government survey showing US consumer confidence in June hit its highest level since the pandemic started. Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong US and European consumer confidence, and investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy. The US 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 US and European markets.

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