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Global stocks slip on concerns over coronavirus hit to trade
Global stocks lagged Wall Street’s strong performance overnight as concerns over the impact of the coronavirus on international trade outweighed the prospect of fresh support from central banks. The losses on Thursday came despite the S&P 500 closing 1.7 per cent higher after minutes from the US Federal Reserve suggested it was ready to further support the world’s biggest economy if there were additional outbreaks of the virus. Japan’s benchmark Topix index fell 0.2 per cent while China’s CSI 300 of Shanghai- and Shenzhen-listed stocks shed 0.5 per cent and Hong Kong’s Hang Seng index dropped 0.3 per cent.
https://finance.yahoo.com/m/97e15ef...21d97899/global-stocks-slip-on.html?.tsrc=rss
Global stocks lagged Wall Street’s strong performance overnight as concerns over the impact of the coronavirus on international trade outweighed the prospect of fresh support from central banks. The losses on Thursday came despite the S&P 500 closing 1.7 per cent higher after minutes from the US Federal Reserve suggested it was ready to further support the world’s biggest economy if there were additional outbreaks of the virus. Japan’s benchmark Topix index fell 0.2 per cent while China’s CSI 300 of Shanghai- and Shenzhen-listed stocks shed 0.5 per cent and Hong Kong’s Hang Seng index dropped 0.3 per cent.
https://finance.yahoo.com/m/97e15ef...21d97899/global-stocks-slip-on.html?.tsrc=rss
