No Result
View All Result
Today Minutes
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
No Result
View All Result
Today Minutes
No Result
View All Result
Home business

Stocks Climb as Traders Weigh Fed Taper Outlook: Markets Wrap

by todayminutes
September 7, 2021
0

Stocks Climb as Traders Weigh Fed Taper Outlook: Markets Wrap

Global stocks rose for a seventh day and U.S. equity-index futures rallied as investors bet slower hiring in the world’s largest economy may delay a tapering of Federal Reserve stimulus. Aluminum hit a decade high amid political unrest in Guinea.

MSCI Inc.’s gauge of world stocks gained for a fourth day even as U.S. markets were closed for Labor Day. In Europe, the Stoxx Europe 600 Index rose the most in six weeks, led by technology shares. Contracts on the S&P 500 Index climbed 0.2%. Aluminum supplier Norsk Hydro ASA jumped to a 13-year high in Oslo. Gold bounced between losses and a gain of 1.9%.

The latest U.S. jobs report threw traders’ calculations awry after they braced for an announcement of tapering at the Fed’s September meeting. The world’s largest economy added only 235,000 jobs in August — the smallest gain in seven months — boosting chances of a delay in that announcement.

“Expectations of a delay in Fed tapering as well as a new administration in Japan is supporting equity markets and we expect this to continue,” said Sebastien Galy, senior macro strategist at Nordea Investment Funds.

 

continue…

todayminutes

todayminutes

Next Post

Everything You Need to Know About September's New York Fashion Week

No Result
View All Result

Categories

  • AirLines (1)
  • business (250)
  • Celebrity (64)
  • climate (1)
  • Culture (40)
  • Economy (13)
  • Electric Vehicles (3)
  • Entertainment (323)
  • Fashion (49)
  • finance (24)
  • Food (36)
  • Health (45)
  • Lifestyle (23)
  • Music (84)
  • Politics (319)
  • Science (23)
  • Sports (356)
  • Technology (32)
  • Travel (62)
  • Uncategorized (9)
  • Weather (2)
  • World (83)

Recent.

Amazon, Rite Aid cap purchase of emergency contraceptives

R. Kelly sentenced to 30 years in prison following sex trafficking conviction

Most say nation on wrong track, including Dems

© 2021 Today Minutes All Rights Reserved

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
No Result
View All Result
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food

© 2021 Today Minutes All Rights Reserved