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World shares mixed as investors await comment from Fed

July 29, 2020

Via: ABC News

TOKYO — World shares were mixed Wednesday as reports of dismal company earnings add to pessimism over the widespread economic fallout from the coronavirus pandemic.

Germany’s DAX lost 0.2% to 12,816.61 while in France, the CAC 40 jumped 0.8% to 4,967.05. Britain’s FTSE 100 added 0.2% to 6,141.92. U.S. futures were marginally higher, with the contract for the S&P 500 up 0.2% and that for the Dow industrials up 0.1%.

The pandemic is the primary concern, as secondary outbreaks raise the likelihood of further lockdowns to curb a resurgence in countries that had thought to have the virus under control, said Jeffrey Halley of Oanda.

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