Stocks subdued amid North Korea concerns, European data - News Summed Up

Stocks subdued amid North Korea concerns, European data


World stocks were subdued on Friday after North Korea said it could test a hydrogen bomb in the Pacific Ocean, though European markets were supported by upbeat economic data. Dow futures shed 0.1 percent and the broader S&P 500 futures lost 0.2 percent. EUROBOOM: European stocks were supported by a survey that showed the eurozone economy accelerated at the end of the third quarter. The firm's chief business economist Chris Williamson says that points to a high quarterly economic growth rate of 0.7 percent. Citing rising debt levels, S&P lowered its sovereign rating by one notch, to A from AA-, saying credit growth increased China's economic and financial risks.


Source: ABC News September 22, 2017 08:59 UTC



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