You are here: Home » Reuters » News
Business Standard

Global Markets: Asian stocks step back as investors brace for Fed

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - Asian shares edged slightly lower on Wednesday as investors looked to the Federal Reserve policy decision and any clues it might give on future rate hikes, shifting focus away from the historic U.S.-North Korea summit in Singapore.MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent in early trade, giving up the slim gains they made following Tuesday's meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un. Japan's Nikkei eked out gains of 0.10 percent.On Wall Street, the S&P 500 gained 0.17 percent, led by ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, June 13 2018. 08:22 IST