World stocks steady; focus on Jackson Hole keeps market cautious

23 Aug by

World stocks steady; focus on Jackson Hole keeps market cautious

World stocks steady; focus on Jackson Hole keeps market cautious

World stocks steadied on Thursday after two turbulent weeks as geopolitical worries eased in Asia and caution prevailed on the day the annual Jackson Hole gathering of central bankers gets underway. The MSCI World index (.WORLDE), which fell to a five-week low on Monday, was down 0.05 percent. Gains by cyclical stocks helped Europe’s benchmark STOXX 600 (.STOXX) index inch up 0.2 percent.

…Read the rest of this story

Source:: https://finance.yahoo.com/news/asia-stocks-brush-off-wall-005027528.html

By