: :inin Kyiv (EET)

World stocks slip, China surges on stimulus hopes


Asian and European stocks slid Tuesday as further weakness in oil prices and the slumping Russian ruble helped extend the global market rout. Disappointing Chinese factory data added to the selling pressure although it also fueled hopes of more stimulus that lifted China’s stock benchmark.KEEPING SCORE: European stocks edged lower in early trading. France’s CAC 40 was down 0.5 percent to 3,989.94 and Germany’s DAX lost 0.5 percent to 9,301.25. Britain’s FTSE 100 edged 0.2 percent lower to 6,173.00. U.S. stocks were poised to open lower. Dow futures were down 0.1 percent at 17,114 and S&P 500 futures were little …read more

Source: The Jakarta Post

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