European stocks and Wall Street futures edged up on Monday, aided by the chance that the Federal Reserve would delay tapering stimulus after last week’s disappointing U.S. jobs report. In Europe, the STOXX index of 600 European companies was up 2.92 points, or 0.62 percent, by 6:10 a.m. ET, not far off a record high hit in mid August. The German DAX index was up 92.30 points, or 0.58 percent, London’s FTSE 100 was up 45.57 points, or 0.64 percent, and the French CAC 40 was up 44.33 points, or 0.68 percent, by 6:10 ET. Nasdaq futures inched up 41.75 points, 0.27 percent, while S&P 500 futures were up 8.75 points, or 0.19 percent, and Dow Jones futures climbed 77 points, or 0.22 percent, by 6:00 ET, ahead of a Labor Day market holiday in the United States. The DXY dollar index, which measures the currency against six major rivals, rose 0.25 points, 0.27 percent, to 92.25 by 6:00 …
European Stocks and Wall Street Futures Rise as Investors Mull Fed Taper Timing
September 6, 2021
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