image credit: Pexels

Global stocks gain after Wall St slide, China virus fears

November 22, 2022

Via: ABC News

Major global stock markets advanced Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown.

London and Frankfurt opened higher. Shanghai and Tokyo gained, while Wall Street futures were lower. Oil prices gained.

Wall Street’s benchmark S&P 500 index declined Monday after a Federal Reserve official rattled investors last week by saying already-elevated interest rates might have to go higher than expected to stop surging inflation.

Read More on ABC News