A rally in European stocks ran out of steam and U.S. index futures pared gains as investors await insights on the Federal Reserve’s policy path amid lingering concerns about the threat of Covid-19 to the global economy. Treasuries and the dollar were steady.
The Stoxx Europe 600 index erased an advance as the strong rebound in Chinese technology shares failed to carry through to Europe. Declines for banks and healthcare stocks offset increases for cyclical shares including travel, autos and raw materials. Contracts on the Nasdaq 100 and S&P 500 pared gains.
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August 24, 2021 at 05:09AM
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Stock Market Today: Dow, S&P Live Updates for Aug. 24, 2021 - Bloomberg
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