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World shares slip as China orders US consulate closed

July 24, 2020

Via: ABC News

MITO, Japan — Worsening China-U.S. friction, worries over aid to Americans and U.S. businesses and a stumble on Wall Street combined to push world shares lower on Friday.

Germany’s DAX fell 2.2% to 12,814.51, while the CAC 40 in Paris skidded 2.1% to 4,928.63. Britain’s FTSE 100 shed 1.5% to 6,118.53. U.S. markets looked set for a downbeat opening, with the future for the S&P 500 trading 0.5% lower. The future for the Dow industrials also was down 0.5%.

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