Global shares rise; gold close to record high
Asian shares rose on Tuesday after strong U.S. manufacturing data and gains in tech stocks helped investors look past broader worries about the coronavirus and global economy.
- Futures on the S&P 500 Index fell 0.3% as of 7:27 a.m. New York time.
- Nasdaq 100 Index futures decreased 0.4%.
- The Stoxx Europe 600 Index declined 0.3%.
- The MSCI Asia Pacific Index increased 1.7%.
- The euro gained 0.1% to $1.1771.
- The Japanese yen weakened 0.1% to 106.07 per dollar.
- South Africa’s rand weakened 1.4% to 17.4308 per dollar.
- The yield on 10-year Treasuries decreased two basis points to 0.54%.
- The yield on two-year Treasuries gained less than one basis point to 0.11%.
- Britain’s 10-year yield fell one basis point to 0.085%.
- Germany’s 10-year yield dipped two basis points to -0.55%.
- West Texas Intermediate crude decreased 1.8% to $40.26 a barrel.
- Gold weakened 0.2% to $1,972.74 an ounce.