2023-05-31 11:30
Shares drop ahead of US debt ceiling vote; China data rattles nerves
LONDON – Global shares fell on Wednesday ahead of a crucial vote in Washington on the U.S. debt ceiling, while commodities and the Chinese yuan came under pressure after data highlighted faltering growth in the world's second-largest economy. The MSCI All-World Index of global shares, which is heading for its first monthly decline since February, was down 0.4 percent in mid-morning trade in Europe, largely due to declines across Asian markets. U.S. stock index futures and fell by 0.3-0.4 percent.

https://business.inquirer.net/403572/shares-drop-ahead-of-us-debt-ceiling-vote-china-data-rattles-nerves

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