
Stocks dropped on Thursday amid a retreat in technology shares and commodities as markets remained cautious ahead of a Federal Reserve gathering that may provide more clues about its approach to paring stimulus. The dollar rose.
The Stoxx Europe 600 Index fell 0.6%, dragged lower by basic resources and retailers, with media and construction shares the lone bright spots. MSCI Inc.’s Asia-Pacific gauge snapped a three-day rally, with Chinese tech names slumping on disappointing earnings and Beijing’s crackdown on private industries. Bonds in Europe slipped ahead of the release of minutes from the European Central Bank’s July meeting.
"Market" - Google News
August 26, 2021 at 05:09AM
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Stock Market Today: Dow, S&P Live Updates for Aug. 26, 2021 - Bloomberg
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