TOKYO — Global shares mostly fell Wednesday amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world and keep vast swathes of the global economy under lockdown. France's CAC 40 index dropped 1.5% to 4,371 after the national central bank said the economy was in recession and was estimated to have contracted by 6% in the first quarter. Germany's DAX slipped 0.9% to 10,265 and Britain's FTSE 100 shed 1.2% to 5,638. U.S. shares appeared set for small gains, with the futures for the Dow industrials and the S&P 500 up 0.5%. A rally on Wall Street proved short-lived in a market dominated by sharp swings responding to the ups and downs of the news about the pandemic.

Source: International New York Times April 08, 2020 07:36 UTC