Asian markets set to rise on strong U.S. equities – Reuters

Asian markets set to rise on strong U.S. equities – Reuters

NEW YORK (Reuters) - Wall Street's S&P 500 index ended lower on Tuesday and a gauge of global equities was close to flat as investors awaited the Federal Reserve and other central banks meetings this week, where regulators will indicate if they will retain policies supporting a post-pandemic recovery.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 15, 2021. REUTERS/StaffU.S. stocks retreated late in the session, with the Nasdaq shedding more than a 1% gain, as yields on longer-maturity U.S. Treasury bonds ticked up, nipping investor enthusiasm for tech-stocks that are high growth but wary of rising inflation.The U.S. dollar edged up against the euro and commodity currencies such as the Australian and New Zealand dollars as the two-day Fed meeting kept trading from being volatile..But oil prices fell for a third day after Germany, France and other European countries suspended use of AstraZeneca's vaccine, threatening economic growth and fuel demand, and tarnishing roll-outs as a pillar for a global recovery.Speculation about what the Fed will say on Wednesday at the end of its two-day meeting kept markets mostly range-bound.“The hope out there, for at least some investors, is they do an