Stock market today: World markets edge lower as China reports slower growth in the last quarter
Shares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter
By ELAINE KURTENBACH
Published - Oct 18, 2023, 04:09 AM ET
Last Updated - Oct 18, 2023, 04:09 AM EDT
BANGKOK (AP) — Markets fell in Europe and Asia after China reported Wednesday that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter.
Oil prices jumped more than $1.
Germany's DAX was unchanged at 15,253.87 while the CAC 40 in Paris also was virtually flat at 7,028.83.
Britain's FTSE 199 fell 0.2% to 7,656.76 as the government reported that inflation held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs.
