Global Stock and Oil Prices Fall

International shares had a weak start to the week, and oil prices declined, with disappointing corporate earnings and concerns about economic growth putting pressure on markets.

In morning trading in Hong Kong, E-mini S&P 500 futures retreated 0.8%, suggesting U.S. shares could fall on Monday.

Benchmarks in the region fell, with Hong Kong’s Hang Seng Index, which was closed for the previous two sessions, playing catch-up to lose more than 3%. South Korea’s Kospi Composite dropped 1.8%.

In Australia, the S&P/ASX 200 bucked the downtrend to advance 0.6%.

Z24 News

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