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image: AP Photo/Koji Sasahara

World stocks fall, haunted by concerns over US-China tariffs

July 2, 2018

Via: ABC News

Global markets fell Monday as weaker-than-expected Asian economic surveys ratcheted up worries over the potential impact of higher tariffs due to be imposed by China and the U.S. in a festering trade dispute. Over in Europe, a prolonged German government crisis weighed on sentiment.

KEEPING SCORE: European shares fell in early trading. Germany’s DAX dropped 0.5 percent to 12,242.80 and France’s CAC 40 lost 1.0 percent to 5,270.37. Britain’s FTSE 100 shed 0.8 percent to 7,573.61. Wall Street was poised to open lower. Dow futures fell 0.6 percent to 24,130.00 and broader S&P 500 futures were down 0.5 percent to 2,708.50.

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