U.S. stocks were mixed, while oil prices headed for their biggest weekly drop in a month as weak economic data and disappointing corporate results fueled concerns about slowing global demand. In contrast, the price of gold crossed the $2,700 mark for the first time. The rise in Chinese shares, triggered by Beijing’s economic stimulus measures, did not ripple through Wall Street.
The Dow is down 0.1%, the SPX rose 0.3%, and the Nasdaq rose 0.6%.
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In Europe, the closing was also mixed, the FTSE fell by 0.3%, the Dow Jones rose by 0.4%, while the Cac40 also rose by 0.4%. The Italian MIB rose by half a percent, and the Spanish stock market also closed higher.
Source: www.portfolio.hu
