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Global shares edge lower on new COVID-19 outbreaks in Asia

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Reuters

By Elizabeth Dilts Marshall and Tom Arnold NEW YORK (Reuters) – Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. consumer confidence, and as investors speculated about whether the Federal Reserve would accelerate its timetable to end easy monetary policy. MSCI’s all country world index, which tracks shares across 50 countries, fell 0.32 points or 0.04%, as declines in Asian equities undercut new highs in European and U.S markets. The S&P 500 hit a record high for the fourth straight session, helped by technology and banks stocks, and a government…

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