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Global shares mostly fall as investors watch for inflation

October 21, 2022

Via: ABC News

Global shares were mostly lower Friday in muted trading, as investors kept an eye on inflation and awaited the outcome of a Communist Party congress in China.

France’s CAC dipped 1.6% in early trading to 5,988.78. Germany’s DAX lost 1.4% to 12,584.52.

Britain’s FTSE 100 shed 1% to 6,871.64 as the Conservative Party was preparing to replace Liz Truss as prime minister within a week after she resigned on Thursday after a turbulent 45-day term, conceding that she could not deliver on her tax-cutting economic plans.

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