World shares hit record as investors hold to dovish Fed bets

TOKYO: A global stocks index hit a record high on Tuesday as investors took comfort in growing views the U.S. Federal Reserve is likely to delay the start of tapering its asset purchases and maintain its expansive monetary policy for the near-term.

European bourses are expected to dip, however, after gains on Monday, with Euro Stoxx futures down 0.1% and Britain's FTSE futures trading 0.3% lower.