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ru24.net
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Август
2023

Stock market today: Global shares trading mixed amid worries about China economy

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Global shares are trading mixed amid worries over discouraging data on China, as well as over the future of the U.S. economy. Shares are rising in early trading in France, Germany and Britain but benchmarks finished lower in Tokyo, Sydney, Seoul, Hong Kong and Shanghai. U.S. futures are rising. A report on the U.S. economy showed sales growth at retailers accelerated last month. That raises hopes the U.S. economy can avoid a recession, but the Federal Reserve may keep interest rates high for longer to snuff out inflation. Oil prices regained earlier loss to edge up slightly higher.



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