Stock market today: Shares mixed following China growth data

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Global shares were mixed Tuesday as pessimism over economic and political uncertainties remained even as China reported better-than-expected growth data.a.

TOKYO -- Global shares were mixed Tuesday as pessimism over economic and political uncertainties remained even as China reported better-than-expected growth data.

Traders have been focused on data out of China as the region's chief engine for growth, and trading was muted until the release of its gross domestic product figures. China's 2023 growth target is 5%. Analysts say new trade patterns will emerge since markets have been rocked by various political uncertainties such as the war in Ukraine, threatening supply chains and triggering fluctuations in consumer prices and moves by the world's central banks.

 

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