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Global shares fall, eyes on inflation, earnings, growth

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इंडिया समाचार समाचार

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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.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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