Stock market today: World shares fall as China reports lackluster data, while bitcoin hits new highs
Shares have retreated in Europe and Asia after China reported lackluster economic indicators for November, while bitcoin surged to fresh highs, topping $106,000. Oil prices fell and U.S. futures edged higher. Retail sales slowed in China in November, while growth in factory output was flat and home sales declined. On Friday, stocks closed mixed on Wall Street, with the S&P 500 ending flat. The Dow Jones Industrial Average slipped 0.2% and the Nasdaq composite edged 0.1% higher. There were more than twice as many decliners than gainers on the New York Stock Exchange. Investors are awaiting a decision by the Federal Reserve this week on interest rates.
