TOKYO—Global shares mostly fell Monday after a short-lived armed rebellion in Russia added to uncertainties over the war in Ukraine.
France’s CAC 40 dipped 0.4 percent in early trading to 7,135.23. Germany’s DAX slipped 0.2 percent to 15,797.27. Britain’s FTSE 100 fell 0.8 percent to 7,403.10. The futures for the Dow Jones Industrial Average and S&P 500 futures were down 0.2 percent.
Yevgeny Prigozhin and his Wagner troops were some of Russia’s most effective fighters in Ukraine.
Tim Waterer, chief market analyst at KCM Trade, said such geopolitical uncertainties have set off a cautious mood.
“On the back of recent hawkish central bank moves amid high inflation and low growth environments, investors are now also having to factor in the chance of escalation on the geopolitical side of things, which is adding another layer of uncertainty to the equation,” he said….