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Global shares mostly fall on trade worries on Trump tariffs

May 31, 2019

Via: ABC News

Global shares were mostly lower Friday as trade worries continued after U.S. President Donald Trump announced additional tariffs on imports from Mexico.

France’s CAC 40 shed 1.1% in early trading to 5,191.65. Germany’s DAX was down 1.5% at 11,724.50. Britain’s FTSE 100 edged down 0.9% to 7,155.86. U.S. shares were set to drift lower as well, with Dow futures down 0.9% at 24,963. S&P 500 futures dropped 1.0% to 2,763.60.

Japan’s benchmark Nikkei 225 dipped 1.6% to finish at 20,601.19, while Australia’s S&P/ASX 200 inched up nearly 0.1% to 6,396.90. South Korea’s Kospi gained 0.1% to 2,041.74. Hong Kong’s Hang Seng slipped 0.8% to 26,901.09, while the Shanghai Composite lost 0.2% to 2,898.70.

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