World shares were range bound on Monday as markets digested Friday’s disappointing U.S. jobs report and a global tax deal between the G7 group of countries, while also looking ahead to inflation data due this week. Investors were wary about how shares of major tech firms would react to the G7’s agreement on a minimum global corporate tax rate of at least 15%, although securing approval from the whole G20 could be a tall order. So far, the reaction was muted with Nasdaq futures down 0.4% and S&P 500 futures down 0.2%.
GLOBAL MARKETS-Shares range bound as markets digest U.S. jobs data, global tax deal
2021-06-07T09:09:06-04:00June 7th, 2021|
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