GLOBAL MARKETS-World shares hit fresh peaks on dovish Fed bets

By Reuters

World stocks hit fresh record highs on Tuesday on growing bets that the U.S. Federal Reserve will push back tapering its bond purchases and keep its expansive policy for the near-term. The MSCI world equity index was up 0.1% by 0746 GMT and looked set for its eighth consecutive day of gains to record highs, while stock futures pointed to a positive open on Wall Street after the long Labor Day weekend.

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Via:: Sports Headlines


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