World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower
Weak U.S. economic data pushed Dow and Nasdaq lower, while investors awaited Federal Reserve minutes and retailer earnings for clues on growth and rates.
- On Monday, global shares were mixed as investors reacted to disappointing U.S. economic data, causing stocks to edge back from recent all-time highs.
- The S&P 500 fell 0.2% on Friday following a report showing shoppers spent less at U.S. retailers last month, signaling potential economic weakness.
- In Asia, the Hang Seng index rose 1.6% and the Shanghai Composite gained 1.4%, while Germany's DAX remained nearly unchanged and the CAC 40 in Paris lost 0.1%.
- Retailers including Home Depot, Target, Lowes, and Walmart will report results this week, providing investors with insight into how consumers are handling inflation.
- The Federal Reserve will release minutes on Wednesday amid concerns regarding "stagflation" and supply instability near the Strait of Hormuz, where vital oil routes remain threatened.
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16 Articles
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World shares are mixed and Brent crude is higher after worries over st
BANGKOK (AP) — Shares were mixed in Europe and Asia on Monday after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy. Oil prices also were mixed. In early European trading, Germany’s DAX was nearly unchanged at 26,438.04, while the CAC 40 in Paris lost 0.1% to 8,628.32. Britain’s FTSE 100 gained 0.2% to 10,766.46. The future for the S&P 500 edged 0.1% higher, while that for the Dow Jones…
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World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower
Shares are mixed in Europe and Asia after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy.
World shares are mixed and Brent crude is higher after worries over stagflation pull US stocks lower
BANGKOK (AP) — Shares were mixed in Europe and Asia on Monday after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy.
World shares are mixed and Brent crude is higher after worries over stagflation pull US stocks lower - The Zimbabwe Mail World shares are mixed and Brent crude is higher after worries over stagflation pull US stocks lower
BANGKOK — Shares were mixed in Europe and Asia on Monday after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy. Oil prices also were mixed. In early European trading, Germany’s DAX was nearly unchanged at 26,438.04, while the CAC 40 in Paris lost 0.1% to 8,628.32. Britain’s FTSE 100 gained 0.2% to 10,766.46. The future for the S&P 500 edged 0.1% higher, while that for the Dow Jones Indu…
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