Stocks struggle as taper talk, crypto crash put markets on edge By Reuters – Investing.com
- Date: 20-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Stocks struggle as taper talk, crypto crash put markets on edge By Reuters – Investing.com
By Tom Westbrook
SINGAPORE (Reuters) - Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint of tapering talk from the U.S. Federal Reserve drove selling in the bond market and lifted the safe-haven dollar.
Benchmarks in South Korea and Japan were either side of flat in morning trade and Hong Kong's fell about 0.8% to pull MSCI's broadest index of Asia-Pacific shares outside Japan down by 0.2%.
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