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European stocks edge down as US Senate approves tax bill

In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan bobbed lower in a choppy session

Reuters  |  London 

World stock markets wavered just below recent record highs while US Treasury yields held near multi-month peaks on Wednesday as the final procedural throes of long-awaited US tax reform played out in Washington. The Republican-led US Senate approved the sweeping $1.5-trillion tax bill in the early hours of Wednesday. A re-vote by the House of Representatives was scheduled for later in the day, with approval expected, and the bill will then go to President Donald Trump to sign into law. European stock markets nudged lower, with blue-chip indexes in Germany, France and Britain flat ...

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First Published: Wed, December 20 2017. 16:52 IST