Premarket: Global stocks mixed amid economy worries

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Premarket: Global stocks mixed amid economy worries GlobeInvestor

This translation has been automatically generated and has not been verified for accuracy.Global stocks were mixed Thursday after Wall Street fell on jitters about the global economy.

In Asia, Tokyo’s Nikkei 225 fell by an unusually wide margin of 2% to 21,341.74 while Hong Kong’s Hang Seng ended up 0.3% at 26,110.31. Investors saw signs the U.S. economy is “possibly on the verge of a recession,” said Stephen Innes of AxiTrader in a report.That added to concern about earlier data that showed U.S. manufacturing shrank last month by its widest margin in a decade.

U.S. and Chinese negotiators are due to meet this month for a 13th round of talks aimed at ending the fight over Beijing’s trade surplus and technology policies. The two sides have made conciliatory gestures including postponing or lifting some punitive tariffs, but there has been no sign of progress toward settling the core issues in the dispute.

 

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