Current location:Stellar Spotlight news portal > world
Stock market today: World shares retreat, though China stocks are lifted by new property measures
Stellar Spotlight news portal2024-05-18 00:36:17【world】4People have gathered around
IntroductionWorld shares were mostly lower on Friday, though Chinese stocks reversed earlier losses following th
World shares were mostly lower on Friday, though Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market.
U.S. futures were little changed, with the contract for the Dow Jones Industrial Average near 40,000 after it topped that level for the first time on Thursday.
In early European trading, Germany’s DAX lost 0.5% to 18,648.35 and the CAC 40 in Paris shed 0.5% to 8,147.13. Britain’s FTSE 100 declined 0.3% to 8,413.99.
China’s central bank said Friday that it was reducing required down payments for housing loans and cutting interest rates for first and second home purchases, among other moves. The announcements came after officials in Beijing reported persisting weakness in the economy, especially in the real estate industry.
The government was due to hold a news conference on property policies later Friday.
Address of this article:http://mauritius.adventistmissionjapan.org/content-66b399632.html
Very good!(2571)
Related articles
- FISU Games torch relay highlights global youths' determination to chase dreams
- The Starmer Stone! Keir apes Blair
- Now Cambridge University is forced to move graduation ceremonies after pro
- Global obesity deaths rise by 50 percent since 2000, major report shows
- Shaolin Kung Fu competition enthralls martial arts enthusiasts in Oceania
- Britain's 'kindest' plumber damaged my home
- Protests are planned in Serbia against a real estate project financed by Trump's son
- Father screamed 'my boy is dead' after son, six, 'fell from kitchen window' of 15th floor flat
- Shining on World Stage
- Rishi squirms under the fire of the Loose Women: Awkward scenes on daytime TV as Janet Street
Popular articles
Recommended
Chinese mainland warns against Taiwan military's provocations
Brazil picked by FIFA to get soccer's 2027 Women's World Cup, a first for South America
8 EU members say conditions in Syria should be reassessed to allow voluntary refugee returns
Oregon man convicted of sexually abusing 2 teen girls he met online gets 12 1/2 years in prison
Xizang chairman hails region's miraculous development
Mass poisoning at high
Fury over 'rip
Man kills 2 officers at police station in Malaysia in a suspected Jemaah Islamiyah attack
Links
- 93% of Hong Kong protest cases completed
- 110,000 people to evacuate as floods swamp Russia, Kazakhstan
- China news: Chinese military base in Solomon Islands will mean defence overhaul for Australia
- 4 men charged for shooting army veteran while he was gardening
- Department of Conservation set to lose scientific expertise in job cuts
- Hong Kong to see over 80 'mega events' in first half of 2024
- China's top legislator, senior North Korean meet for talks
- Convicted sex offender says rule against sex between prisoners is discriminatory
- Less than 8% of Brazilian cities have 5G
- South China Sea: Dozens of Chinese ships chase Philippine vessels in disputed sea