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European shares limp as business recovery loses momentum

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European shares edged higher in thin trading on Friday after data showed Germany's manufacturing sector rebounded further in August, but gains were capped as overall recovery in euro zone business activity stalled.

- European shares edged higher in thin trading on Friday after data showed Germany’s manufacturing sector rebounded further in August, but gains were capped as overall recovery in euro zone business activity stalled.

The pan-European STOXX 600 index was up 0.4%, bouncing back after a downbeat outlook from the U.S. Federal Reserve and weak U.S. data sparked a selloff on Thursday. Despite Friday’s small gains, the STOXX 600 was on course to end the week flat-to-lower as several European countries saw a resurgence in coronavirus cases and doubts about a U.S. recovery also weighed on investor mind.

 

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So their governments aren't propping up their stock market with taxpayer money borrowed from China.

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US stocks slide from record levels after Fed minutes reveal concern for economic recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Kudlow will be our in the morning with the pump 'U.S. Economy Drops 32.9% In Worst GDP Report Ever' can someone tell me how stock market is not some shady ponzi scheme with retirement plans as hostages? coincidence?
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