Stock market today: World shares are mostly lower after a mixed session on Wall Street
BANGKOK (AP) — Shares mostly fell in Europe and Asia on Tuesday after a mixed close on Wall Street, where wild recent moves calmed a bit at the beginning of a quiet week for data releases.
Germany's DAX slipped 0.2% to 15,110.26 and the CAC 40 in Paris also fell 0.2%, to 7,002.53. Britain's FTSE 100 shed 0.1% to 7,410.08. The futures for the S&P 500 and the Dow Jones Industrial Average were down 0.3%.
Late Monday, office-sharing company WeWork confirmed it is seeking bankruptcy protection. Trading in its shares was halted Monday amid speculation over its restructuring plans.
It's a stunning decline for a one-time Wall Street darling that promised to upend the way people went to work around the world. The company's shares cost more than $400 two years ago but now cost less than $1.
In Asian trading, Tokyo's Nikkei 225 declined 1.3% to 32,271.82 and the Hang Seng in Hong Kong dropped 1.7% to 17,670.16 The Shanghai Composite index slipped less than 0.1% to 3,057.27.
China reported its imports rose 3% in October from a year earlier, the first such increase in over a year, while exports fell 6.4%, the sixth straight monthly decline. The trade surplus fell to $56.5 billion.
Expectations that China's growth will remain slow helped pull oil prices lower.
A barrel of benchmark U.S. crude gave up $1.23 to $79.59 in electronic trading on the New York Mercantile Exchange. It rose 31 cents to settle at $80.82 a barrel on Monday.
Brent crude, the international standard, gave up $1.25 to $83.93 a barrel. It rose 29 cents to $85.18 per barrel on Monday.
Elsewhere in Asia, Australia's S&P/ASX 200 fell 0.3% to 6,977.10 after the central bank raised its key interest rate by 0.25 percentage points, to 4.35%.
The Reserve Bank of Australia has been trying to bring inflation back...