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Global stocks mixed as growth concerns weigh on sentiment

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European stocks opened flat while Asian markets declined Wednesday after U.S. inflation was lower than expected amid unease about the impact of the coronavirus's delta variant.

Wall Street futures were higher a day after the benchmark S&P 500 index fell despite data showing consumer prices rose at their slowest rate in seven months in August.

In early trading, the FTSE 100 in London gained less than 0.1% to 7,036.03 and Frankfurt's DAX was flat at 15,724.21. The CAC 40 in Paris lost 0.2% to 6,641.55.On Tuesday, S&P 500 lost 0.6% after the government reported consumer prices in August rose 0.3% over the previous month.In Asia, the Shanghai Composite Index lost 0.2% to 3,656.22 and the Nikkei 225 in Tokyo shed 0.5% to 30,51.71.

Investor optimism about the rollout of coronavirus vaccines and central bank support for global economies is competing with anxiety about the impact of the delta variant and anti-disease measures on consumers and businesses.

 

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