BEIJING | Global stocks skid after weak China factory readings

2Jan - by Editor - 0 - In STL.News

BEIJING —Jan 02, 2019— Global stock markets tumbled Wednesday as 2019 trading began with news of weaker Chinese manufacturing.

KEEPING SCORE: In early trading, France’s CAC 40 plunged 2.3 percent to 4,618.90 and Germany‘s DAX retreated 1.1 percent to 10,441.67. On Monday, the CAC rose 1.1 percent but it ended 2018 down about 11 percent. London’s FTSE 100 retreated 0.1 percent for an annual loss of 12.5 percent.

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