World Shares Mixed After Wall Street Ends Its Best Month of ’23 With Big Gains

HONG KONG—World shares were mixed on Friday after Wall Street closed out its best month of the year with big gains in November.

Germany’s DAX rose 0.6 percent to 16,309.89 and the CAC 40 in Paris added 0.5 percent to $7,348.88. Britain’s FTSE 100 was up 0.8 percent at 7,512.94.

The future for the S&P 500 edged 0.1 percent lower while that for the Dow Jones Industrial Average gained 0.1 percent.

In Asian trading, Hong Kong’s Hang Seng dropped 1.2 percent to 16,838.89, hovering around a one-year low, while the Shanghai Composite index edged up 0.1 percent to 3,031.64.

A private sector survey released Friday showed Chinese manufacturing activity unexpectedly expanded in November, marking the fastest growth in three months. That report by Caixin contradicted an official one released the day before that showed weak factory demand.

Read Full Article Here

 
Wall Street by lo lo is licensed under Unsplash unsplash.com

Get latest news delivered daily!

We will send you breaking news right to your inbox


Have a tip? Let us know!