Global shares lose steam on weak U.S. retail sales, Brexit in focus

Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world’s largest economy and risk of global recession, while sterling was volatile as negotiations on a Brexit deal continued. Both MSCI’s broadest index of Asia-Pacific shares outside Japan and Japan’s Nikkei were little changed in early trade while U.S. stock futures lost 0.15%. The S&P 500 shed 0.20% the previous day after data showed U.S. retail sales contracted in September for the first time in seven months, in a potential sign that manufacturing-led weakness could …read more

Source:: Yahoo Finance

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