Global stocks mixed after Wall Street declines; markets wait for China policy briefing

HONG KONG — European markets opened higher while Asian stocks were mostly lower on Friday, with Chinese markets declining as investors awaited a key briefing about an upcoming stimulus plan this weekend.

“The consensus is for a 2 trillion yuan package—not as large as some had hoped , but the market reaction on Monday will depend more on the timing and the specific targets for the extra spending,” Stephen Innes of SPI Asset Management said in a commentary. Dublin, Oct. 11, 2024 -- The "Spirits in India" report has been added to ResearchAndMarkets.com's offering.After two years of double-digit total volume growth, the rate of increase for spirits slowed in India in 2023. This slowdown can be attributed to continued recovery for the on-trade channel. When consumers drink outside the home, it typically reduces overall consumption volumes due to higher on-trade prices compared with off-trade prices.

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