Page 5 - Global Shares

Top headlines: Vaccine cost may be capped at Rs 275; India celebrates R-Day

Business Standard brings you the top headlines on Wednesday

Global shares mixed as investors eye US Fed policy statements

Global shares were mixed on Wednesday, with many investors staying on the sidelines ahead of an update on how aggressively the Federal Reserve will tackle inflation. France's CAC 40 added nearly 1.0 per cent in early trading to 6,903.90, while Germany's DAX gained 1.2 per cent to 15,309.64. Britain's FTSE 100 rose 1.2 per cent to 7,461.86. The future for the Dow industrials climbed 0.3 per cent to 34,287.00. The S&P 500 future was 0.4 per cent higher at 4,367.50. Stocks have gyrated this week as markets focused on whether the US central bank will clarify just how fast it plans to tighten credit and potentially slow the economy. The Fed's two-day meeting wraps up on Wednesday. At the same time, tensions over the Russia and Ukraine tensions continue to grab attention. Ukraine's leaders have reassured their country that an invasion from neighbouring Russia is not imminent but acknowledged the threat is real and received a shipment of US military equipment to shore up their ...

Global share sell off pauses in Asia as investors await Fed policy update

By Stella Qiu and Alun John

European stocks up, losses in Asia ahead of Federal Reserve meeting

European stocks opened higher Tuesday after a day of steep losses in Asia as markets waited to hear from Federal Reserve chair Jerome Powell after a two-day policy meeting that ends Wednesday. The possibility of conflict between Russia and Ukraine and concern over coronavirus outbreaks also were adding to uncertainties. France's CAC 40 edged up 1.1% to 6,861.14 in early trading, while Germany's DAX added 0.6% to 15,100.95. Britain's FTSE 100 rose 0.5% to 7,334.99. The future of the Dow Jones Industrial Average was 1.1% lower, while the S&P 500 future fell 1.6%. On Monday, a late buying spree pushed the benchmark S&P 500 index to a 0.3% gain after pulling it out of so-called correction territory a drop of 10% or more from its recent high. The Fed meeting will provide an update on policymakers' latest thinking on the economy and interest rates. Some economists worry the Fed is moving too slowly in tamping down inflation by raising rates that have been kept low for nearly two ...

Global shares shudder as possible Russian attack on Ukraine grips investors

Euro STOXX 600 down 1.3%; tech stocks fall to new 14-week lows

Global stocks higher after Wall Street ends 2021 with big gain

Global stock markets and US futures were mostly higher Monday on 2022's first trading day after Wall Street ended last year with a double-digit gain. Frankfurt and Paris opened higher while Seoul and India advanced. Hong Kong retreated. Markets in Britain, China, Japan and Australia were closed. Wall Street's benchmark S&P 500 index slipped Friday amid lingering worries about the coronavirus's omicron variant but ended 2021 with an annual gain of 26.9 per cent It remains to be seen to what extent the optimism of the New Year will be reflected in financial markets, said Venkateswaran Levanya of Mizuho Bank in a report. In early trading, Frankfurt's DAX gained 0.8 per cent to 16,010.77 and the CAC 40 in Paris added 0.9 per cent to 7,213.57. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average were 0.4 per cent higher. On Friday, the S&P 500 slipped 0.3 per cent and the Dow slid 0.2 per cent. The Nasdaq fell 0.6 per cent. In Asian trading, Hong Kong's .

US shares drop as soaring oil prices stir inflation woes; Yen wilts

A rally in basic material and energy shares on higher oil prices initially lifted major U.S. stock indices

Wall Street stumbles on rising Treasury yields, growing inflation worries

The Dow Jones Industrial Average fell 569.38 points, or 1.63%, to 34,299.99

European shares bounce after worst session in 2 months; UMG soars in debut

The pan-European STOXX 600 was up 0.6% by 0704 GMT after sinking to a two-month low in the previous session

Global shares lifted by prospect of rates staying low for longer

Global shares posted their longest winning streak in three months on Monday, aided by hopes US interest rates would stay low for longer and talk of more stimulus in Japan and China

Moderna, BioNTech lose nearly $60 billion in value in two-day drop

The declines deepened Wednesday with Moderna closing 16% lower and BioNTech dropping 14% as trading volume picked up

World shares steady, US yields hover near lows ahead of fresh data

MSCI's broadest gauge of global shares was flat in European trading, broadly unchanged on the week, buoyed by early gains across most European markets, with Britain's FTSE 100 up 0.4%.

Global shares fall on Covid-19 resurgence fears ahead of US jobs report

Global shares retreated from recent highs yesterday, as Asian markets grew jittery about a resurgence of Covid-19 cases and Western markets awaited US jobs report

Global shares edge lower on new Delta Covid-19 variant outbreaks in Asia

MSCI's all country world index, which tracks shares across 50 countries, fell 0.32 points or 0.04%, as declines in Asian equities undercut new highs in European and US markets

Global shares start week on back foot as Covid-19 infections spike

MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.1% after the open in Europe.

Global shares near record on United States infrastructure bill

Futures pointed to a higher open for share markets in Europe

Global shares range bound as markets digest US jobs data, global tax deal

Investors were wary about how shares of major tech firms would react to the G7's agreement on a minimum global corporate tax rate of at least 15%

Global shares mostly higher before Fed meeting, Joe Biden speech

Global shares were moderately higher in listless trading Wednesday, as investors watched for news out of a Federal Reserve meeting. France's CAC 40 gained 0.3% in early trading to 6,291.87, while Germany's DAX edged up 0.2% to 15,279.81. Britain's FTSE 100 rose 0.2% to 6,961.41. The future for the Dow industrials slipped 0.1% to 33,834, and S&P 500 futures rose 0.1% to 4,182.12. Japan's Nikkei 225 added 0.2% to finish at 29,053.97, while South Korea's Kospi slipped 1.1% to 3,181.47. Australia's S&P/ASX 200 added 0.4% to 7,064.70. Hong Kong's Hang Seng climbed 0.5% to 29,071.34, while the Shanghai Composite rose 0.4% to 3,457.07. Analysts said Asian investors have adopted a wait-and-see stance ahead of the Fed meeting. But the wider point and the bigger driver of markets, as equities shuffled nervously ahead of the FOMC meeting today, is arguably just how much restraint the Fed will exercise, said Venkateswaran Lavanya at Mizuho Bank. Also on tap is President Joe Biden's speech

Global Markets: Stocks dip from record levels ahead of Fed decision

The MSCI world equity index, which tracks shares in 49 countries, fell 0.1% by 0810 GMT

Global stocks grind higher on growth hopes, oil ebbs on Covid-19 fears

U.S. stock futures pointed to a flat open on Wall Street, albeit within touching distance of a record high.