Stock market today: World markets edge lower as China reports slower growth in the last quarter

Germany's DAX was unchanged at 15,253.87 while the CAC 40 in Paris also was virtually flat at 7,028.83.that inflation held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs.China's National Bureau of Statistics said the world's second-largest economy slowed in the summer as global demand for exports faltered and the ailing property sector sank deeper into crisis.

“The wider data on the property sector remained weak, although green shoots are appearing,” Capital Economics said in a report. “New housing starts continued to drop and are now at their lowest levels since 2005,” it said. Treasury yields in the bond market rose. The yield on the 10-year Treasury climbed to 4.83% from 4.69% late Monday.

The broad expectation for companies across the S&P 500 index is that profits returned to growth during the summer for the first time in a year.rose 9% after rival Choice Hotels International said it wants to buy the company for $90 per share in cash and stock, valuing it at $7.8 billion.Crude oil prices advanced Wednesday as worries flared that war in the Middle East could lead to disruptions in supplies if it drew in Iran or other major oil-producing countries.

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Stocks edge lower after retail sales surprise: Stock market news todayAll eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.
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Stock market today: Wall Street opens lower as interest rate worries resurfaceBANGKOK — Wall Street is slipping following the latest signal the U.S. economy may still be too strong for the Federal Reserve’s liking. The S&P 500 was 0.7% lower in early trading Tuesday.
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Stock market today: Wall Street drifts after a strong retail sales reportNEW YORK (AP) — Wall Street drifted following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserve’s liking.
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Stocks turn positive after strong retail sales data: Stock market news todayRetail sales were the latest sign of a strong economy, as a consumer slowdown remained nowhere in sight.
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Stocks seesaw after hot retail sales report: Stock market news todayRetail sales were the latest sign of a strong economy, as a consumer slowdown remained nowhere in sight.
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US stocks slip as earnings floodgates open: Stock market news todayAll eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.
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