Global Markets Mixed After Wall Street Bounce on Strong Profits

[Epoch-Times-Bot]

Global Markets Mixed After Wall Street Bounce on Strong Profits

BEIJING—Global stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports.
Paris, Frankfurt, and Tokyo advanced, while London, Hong Kong, and Shanghai declined. The yen stayed near a two-decade low near 149 to the dollar. Oil prices rebounded.
The future for Wall Street’s S&P 500 index rose 0.3 percent after the market benchmark gained 1.1 percent on Tuesday following strong results from investment bank Goldman Sachs, military contractor Lockheed Martin, and others. The future for the Dow industrials gained 0.2 percent.
On Tuesday, the Dow rose 1.1 percent and the Nasdaq composite advanced 0.9 percent.
Despite the strong headline numbers, "underlying details were rather mixed" and results from banks showed "the impact of economic activity slowdown," Tan Boon Heng of Mizuho Bank said in a report....

Source: Global Markets Mixed After Wall Street Bounce on Strong Profits

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