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European shares were steady in thin trading on Tuesday, with a lack of fresh economic data from the region and uncertainty around the direction of global interest rates keeping investors cautious.
Wall Street stock indexes ended Monday's shorter session up slightly along with U.S. Treasury yields, as investors weighed up a mixed bag of economic data ahead of second-quarter earnings and uncertainty over the direction of central bank policy.
Wall Street closed sharply higher and the dollar softened on Friday as investors closed the books on a solid quarter, with data showing progress in the Fed's efforts to tame inflation.
The S&P 500 advanced on Thursday and benchmark Treasury yields hit their highest level since early March as robust economic data helped ease recession fears.
The Nasdaq Composite Index closed higher and the dollar rebounded on Wednesday as Federal Reserve Chair Jerome Powell suggested two more interest rate hikes are probably in the cards.
U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened as robust economic data eased recession fears and stoked investors' risk appetite.
Global markets took on a tentative tone on Monday as investors struggled to gauge the impact of the weekend’s short-lived armed revolt in Russia and continued to contemplate a general weakening economic outlook.
Global stock indexes fell and the U.S. dollar rose on Friday as investors digested comments from Fed officials that signalled further interest rate hikes ahead.
The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon, Apple and Microsoft, while the S&P 500's advance was more modest.
Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of FedChair Jerome Powell's congressional testimony.
European shares fell on Monday, as investors awaited further stimulus measures from China to revive demand and eyed testimony from Fed Chair Jerome Powell this week for more cues on the rate outlook.
A gauge of global stock markets took a breather on Friday after a run to 14-month highs, while the U.S. dollar headed for its biggest weekly slide since January following a heavy week of central bank meetings around the world.
MSCI's global index of stocks rose on Thursday to its highest level since April 2022 after strong U.S. economic data. The dollar slid following the ECB's interest rate increase a day.
MSCI's global equity index closed slightly higher on Wednesday while the dollar ended lower even the Fed signalled that it could raise rates by another half percentage point by year-end.
