Global shares fall, eyes on inflation, earnings, growth

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Global shares were mostly lower on Friday after Wall Street retreated for a second day as market watchers considered earnings reports and various indicators about whether inflation is waning in the U.S. and elsewhere.

France's CAC 40 lost 0.3% in early trading to 7,169.30, while Germany's DAX shed 0.4% to 15,455.07. Britain's FTSE 100 fell 0.2% to 7,893.92. The future for the Dow Jones Industrial Average edged up less than 0.1% to 33,760.00. The S&P 500 future gained 0.1% to 33,769.00.

"While most agree the overall economic growth will recover in China this year, there appears to be a lack of conviction on the magnitude of that rebound," Stephen Innes, managing partner at SPI Asset Management, said in a report. Next week will bring the release of U.S. and British inflation updates, as well as U.S. retail sales and industrial production data. On Tuesday, Japan will report its economic growth figures for the final quarter of 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney to cut 7,000 jobs in Iger’s company ‘transformation’The job cuts amount to about 3% of the entertainment giant’s global workforce and were unveiled after Disney reported quarterly results that topped Wall Street’s forecasts. But the jobs report is the best it’s been since the moon landing. SMH. Gullibility is a learned helplessness. Or being blinded by liars. They cutting Mickey Mouse Popeye, Tom and Jerry And advertising souse For raw cooked John-boy Tory.... 🤣😆
Source: TorontoStar - 🏆 60. / 55 Read more »