GLOBAL MARKETS-Stock Rebound Wanes as Investors Await US Job Data, Fed

August 21, 2024, 01.47 PM | Source: Reuters
GLOBAL MARKETS-Stock Rebound Wanes as Investors Await US Job Data, Fed

ILUSTRASI. A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato

GLOBAL MARKET - SINGAPORE. Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath, while bond yields and the dollar fell ahead of U.S. economic data and speeches from policymakers that are expected to make the case for interest rate cuts.

The S&P 500 snapped eight sessions of gains with a 0.2% overnight drop. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%. U.S and European futures each drifted about 0.2% higher.

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