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World shares, oil decline as EU energy ministers to meet

May 2, 2022

Via: ABC News

Global shares fell Monday and oil prices lost about $3 a barrel as European energy ministers were set to meet to discuss Russian supply issues and sanctions.

U.S. futures advanced after a rout Friday on Wall Street.

Trading was closed for holidays in China, many other Asian markets, and Britain.

The CAC 40 in Paris dropped 1.7% in early trading to 6,420.87. Germany’s DAX was down nearly 1.0% at 13,963.11. The future for the Dow industrials rose 0.3% while that for the S&P 500 was 0.2% higher.

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