Global shares mostly lower as US-China trade optimism fades

March 7, 2019

Via: ABC News

Global shares were mostly lower Thursday as optimism about progress in trade talks between the U.S. and China appeared to be wearing thin.

France’s CAC 40 slid 0.4 percent in midday trading to 5,268, while Germany’s DAX lost 0.5 percent to 11,532. Britain’s FTSE 100 declined 0.4 percent to 7,165.

U.S. shares also were set to drift lower, with Dow futures down 0.3 percent at 25,581. S&P 500 futures lost 0.2 percent to 2,765.

Disappointing economic reports, uncertainty over trade and fears of a slowdown in economic growth have been weighing on the market the past couple weeks. Investors were also cautious ahead of a European Central Bank policy meeting Thursday.

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