Stocks Hover as Traders Brace for Swings: Markets Wrap
- US equity futures little changed, dollar edges higher
- September typically is a volatile month for equity markets
Photographer: Nathan Laine/Bloomberg
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Global equities hovered near record highs on Monday as investors prepared for what’s typically considered the most challenging month for stocks.
Europe’s Stoxx 600 index pared most losses from earlier in the session after closing at an all-time high on Friday. Volkswagen AG rose 1.3% after the automaker said it’s considering unprecedented factory closures in Germany, while Rightmove Plc surged 27% in London on the back of takeover interest from Rupert Murdoch’s REA Group Ltd.