Global shares edge lower on new COVID-19 outbreaks in Asia


In the US the Nasdaq closed at a record high on Tuesday, lifted by Apple Inc and other technology stocks after an upbeat consumer confidence report.(File pic shows the Apple store in New York. - Reuters)

NEW YORK: Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. and European consumer confidence, and investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy.

The U.S. dollar rose to a one-week peak on safe-haven buying stoked by fears that the highly contagious Delta variant could derail a burgeoning economic recovery.

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Gobal , stocks , coronavirus , asia , Nasdaq , Apple , S&P , Dow , Fed , rates ,

   

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