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World shares mostly slip after Wall Street breaks its winning streak
NF Times
|May 08, 2025
Shares opened mostly lower in Europe on Tuesday after a mixed session in Asia, where Chinese markets advanced as they reopened after "Golden Week" holidays.
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Germany's DAX fell 1.2% to 23,076.96, while the CAC 40 in Paris lost 0.6% to 7,682.91. Britain's FTSE 100 was unchanged at 8,596.40. The future for the S&P 500 lost 0.7% and that for the Dow Jones Industrial Average was 0.5% lower as investors watched to see what US President Donald Trump does with his tariff policies.
When asked at a routine briefing about comments Trump's comments on the NBC TV network that he won't cancel tariffs on China to pave the way for trade talks, a Chinese Foreign Ministry spokesperson reiterated Beijing's stance that the US side "should stop threatening and pressuring and engage in dialogue with China on the basis of equality, respect, and mutual benefit." "If they want to fight, we will fight to the end; if they want to talk, the door is open," Lin Jian said.
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