World shares near record high on Fed, earnings, but Asia slips
- Date: 01-May-2021
- Source: Zawya
- Sector:Financial Markets
- Country:Gulf
World shares near record high on Fed, earnings, but Asia slips
Chinese tech giant shares listed in Hong Kong also buckled as Beijing summoned 13 internet platforms to order them to strengthen compliance with regulations, weighing on the Hang Seng index. read more
Mainland Chinese shares lost 0.25% while Japan's Nikkei shed 0.7% on position adjustments ahead of a long weekend. Both markets will be closed through Wednesday. read more
European stocks are expected to dip slightly, with euro Stoxx futures down 0.1% and Britain's FTSE futures trading 0.2% lower. MSCI's broadest gauge of world stocks covering 50 markets, ACWI, however, was little changed and stood close to a record peak touched the previous day and up 5.1% on the month.
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