World stocks slip following record Wall Street charge
The Hindu
All eyes are on the Federal Reserve’s annual convention in Jackson Hole,Wyoming where the Federal Chair, Jerome Powell, is scheduled to speak
World stocks were broadly lower on Thursday following a charge on Wall Street that drove indices to all-time highs for the second straight day. Britain's FTSE 100 lost 0.3% to 7,127.10 and France's CAC 40 declined 0.2% to 6,665.06. The DAX in Germany also fell 0.2% to 15,822.87 in early trading. Wall Street was set for a mixed open. Futures for the S&P 500 and Nasdaq, which hit record highs on Wednesday, fell 0.1% to 4,489.50 and 0.2% to 15,335.50, respectively. Dow futures added under 0.1% to 35,373.00.
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