Market Pulse: Global Stocks Fall, Wall Street Futures Down, Dollar Lifts
September 8, 2021 | International
World stocks fell from the previous session’s record highs, European stocks dropped, and Wall Street futures were down on Wednesday on caution over the pace of economic recovery, while the dollar hit one-week highs as investors pared down their exposure to riskier assets.
MSCI’s all-country world equity index fell 0.34 percent after seven consecutive days of gains, while in Europe, the STOXX index of 600 European companies edged down 2.76 points, or 0.58 percent as of 6:52 a.m. New York time on Sept. 8.
The German DAX index fell by 111.14 points, or 0.70 percent, Britain’s FTSE 100 was down 35.32 points, or 0.49 percent, while the French CAC 40 dropped 25.47 points, or 0.36 percent as of 6:54 a.m. New York time… (Excerpts from the Epoch Times)
