Global equities markets were little changed on Thursday after stepping back from near-record levels earlier in the week, as investors studied strong U.S. data reports for economic recovery and inflation signals. U.S. stocks pared back some losses on Thursday before shedding those slight gains after reports that President Joe Biden has offered to scrap his proposed corporate tax hike. Oil was little changed following two straight days of gains that took oil futures to highs not seen in a year, after weekly U.S. crude stocks fell sharply while fuel inventories rose more than expected.
GLOBAL MARKETS-World stocks lag amid strong U.S. data and concerns about inflation
2021-06-03T19:35:57-04:00June 3rd, 2021|
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