Current location:Worldly Wisdom news portal > entertainment
Stock market today: World shares retreat, though China stocks are lifted by new property measures
Worldly Wisdom news portal2024-05-18 00:32:39【entertainment】5People 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://gloriosoislands.mybodyonelife.com/news-88a599388.html
Very good!(99)
Related articles
- Meghan Markle re
- Was the Budget too little, too late
- HKFP Lens: Hong Kong press group announces winners of annual news photo contest
- Bridges across the US that suffered same fate as Francis Scott Key in Baltimore
- Taiwan is selling more to the US than China in major shift away from Beijing
- I took a flight from Bristol to Edinburgh instead of getting the train
- Is taking a Nile river cruise in Egypt worth it? I filmed my five
- How to sort your pension and Isa before the tax year ends: This is Money podcast
- NHS trust made 'number of failures' in treatment of six
- What you need to know about investing in a VCT and the 30% tax break
Popular articles
Recommended
Dua Lipa and Drew Barrymore suffer a VERY awkward stumble as they hug on
Travel insiders' expert tricks to get a FREE upgrade on your holiday
The best beaches in the world for 2024 ranked by Tripadvisor
Why Jimmy Mitchell's happy snap of his family boarding a plane saw him booted from a Jetstar flight
REVEALED: Details of bitter feud between Maine $1.3B lottery winner and his warring family
As the Glastonbury 2024 lineup is announced, AI reveals the ultimate headliners
World's biggest bridges revealed after collapse of colossal Baltimore landmark
Do you live near one? Interactive map reveals the locations of England's 400,000 heritage sites
Links
- In pics: French Open Badminton tournament
- Xi Encourages Chinese Medical Personnel in Africa to Deliver Benefits to Locals
- China’s first zero
- US, Arab states at odds on truce
- Ruling sparks debate on AI technology
- Zhangjiagang Port maintain operation all night to ensure that ships do not overwhelm the port
- Neatly arranged new energy vehicles await shipment to overseas markets
- Xi Jinping Unanimously Elected Chinese President, PRC CMC Chairman
- De Gaulle role in Sino
- Xi Story: At No Time Should We Focus Only on GDP Growth