Asian stocks dip amid weak China GDP, Trump shooting aftermath

Investing.com-- Most Asian stocks retreated on Monday following disappointing economic growth figures from China, while uncertainty over U.S. politics, following an assassination attempt on former President Donald Trump, also dented sentiment.But losses in most Asian markets were limited by a positive lead-in from Wall Street on Friday, as U.S. stock indexes came close to record highs amid growing optimism over interest rate cuts.

Focus is now squarely on the Third Plenum of the Chinese Communist Party, set to begin later on Monday. The event is a meeting of top Chinese officials and will be closely watched for more signals on stimulus.index pointed to a mildly positive open, as the index continued to notch new peaks on optimism over Indian economic growth.

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Stock market today: Asian shares mostly lower as China reports factory output slowedShares are mixed in Asia after China reported its factory output slowed in May, with the property market still in the doldrums.
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Stock market today: Asian shares mostly lower as China reports factory output slowedShares are mixed in Asia after China reported its factory output slowed in May, with the property market still in the doldrums.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »