BEIJING—Global stock markets and Wall Street futures declined Monday after stronger U.S. hiring and a double-digit rise in Chinese exports. London and Frankfurt opened lower. Tokyo, Hong Kong, and Sydney declined while Shanghai advanced. U.S. employers hired more people than expected in October, according to government data released on Friday. China’s October exports rose 27.1 percent over a year earlier, though that eased off the previous month’s 28.1 percent growth, customs data showed Sunday. Despite that gain, Chinese anti-virus controls might dampen factory and consumer activity, “still bringing about an uncertain recovery picture,” Yeap Jun Rong of IG said in a report. In early trading, the FTSE 100 in London was off less than 0.1 percent at 7,303.60. The DAX in Frankfurt lost less than 0.1 percent to 16,051.14. The CAC 40 in Paris gained 0.1 percent to 7,047.62. On Wall Street, futures for the benchmark S&P 500 index and …
Asian Markets Lower After Wall Street Record, China Trade Growth
November 8, 2021
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Asia & PacificasianAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyChinese RegimeCompanieseconomic policiesEconomiesEconomyEuropeGold & CommoditiesgrowthHK BusinessHong KongIndiainflationInternationalInvestmentMarket WatchMarketsMiddle EasttradeUKUSUS NewsWall StreetWorld