Stock market today: World shares fall, tracking Wall Street retreat, on worries over slowing growth

BANGKOK – Shares have fallen in Europe and Asia, tracking a retreat on Wall Street as investors grow wary over signs growth is slowing in Germany and other major economies. U.S. futures edged lower and oil prices rose. Germany has seen its exports fall as new orders have dropped. On Thursday, the government reported that industrial output fell 0.4% in October from the month before, from a minus 1.3% decline in September. Such indicators have unnerved investors worried that high interest rates meant to quash inflation might go too far, pushing economies into recession. Germany’s DAX edged 0.2% lower to 16,624.91 and the CAC 40 in Paris also fell 0.2%, to 7,424.76. Britain’s FTSE 100 was down 0.3% at 7,495.46.…

Source: WKMG
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