Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter

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Asian shares began the week trading mixed as China reported that its economy expanded at a slower-than-forecast 4.7% annual pace in the last quarter.

The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.2%.to set economic strategy for the coming decade as investors watched for signs of measures to help revive the slumping property market and address huge local government debts.Annual economic growth fell from 5.3% in the first quarter but the 5% pace of growth in the first half of the year was in line with the government's forecast for about 5% growth for 2024. In quarterly terms, the economy expanded 0.7%.

The central bank left its medium-term lending rate unchanged, as expected, at 2.5%. It's the rate for Chinese banks to borrow from the People's Bank of China for 6 months to one year and indirectly affects other benchmark rates that affect interest rates on mortgages and other loans.In Seoul, the Kospi lost 0.1% to 2,853.34, while the S&P/ASX 200 gained 0.9% to 8,029.00. Taiwan's Taiex lost 0.2% and the SET in Bangkok shed 0.4%.The S&P 500 climbed 0.

Wells Fargo sank 6% even though the San Francisco-based bank reported stronger profit than analysts expected. Tim McCarthy, who in 1981 defended then-President Ronald Reagan from a gunman, gave his assessment of the shooting to WGN-TV.Kinzinger says JD Vance’s response to shooting should ‘disqualify’ him from VP consideration

Evan Vucci, an AP photographer, was covering Trump's rally when shots rang out. He said he immediately knew the event would go down in history.Even amidst bloody chaos at his campaign rally on Saturday, Donald Trump felt it was necessary to urge his followers to “fight, fight, fight” as a way to remind them of the MAGA mission that propelled Trump to the White House in 2016 and may return him there in November.

As the nation reels from the attack, new details are beginning to emerge about the gunman and his potential motiveAs Trump travels across the country holding rallies, the furthest Melania has ventured is to fundraisers hosted at her own homes.

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