World shares are mixed following Wall Street’s decline in response to potentially discouraging data on the U.S. economy. The UK’s gross domestic product unexpectedly shrank by 0.1% month-on-month in October. Chinese stocks fell after an economic planning meeting which closed on Thursday failed to give more details on plans to revive the economy. On Thursday, the S&P 500 slipped 0.5% for its fourth loss in the last six days. The Dow Jones Industrial Average lost 0.5%, and the Nasdaq composite sank 0.7%. Reports showed more U.S. workers applied for unemployment benefits than expected, while inflation was hotter at the wholesale level than economists had forecast, indicating that price pressures are not fully tamed.
