Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd day
HONG KONG (AP) — World shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after China reported better-than-expected trade figures for April.
U.S. stocks are set to be down as the futures for the S&P 500 and that for the Dow Jones Industrial Average both dropped 0.2%.
Britain’s FTSE 100 edged down by 1.27 to 8,351.80, ahead of the Bank of England announcing its latest decision on interest rates later Thursday. Germany’s DAX rose 0.3% to 18,545.32 and the CAC 40 in Paris lost 0.1% to 8,125.56.
In Tokyo, the Nikkei 225 index was down 0.3% at 38,073.98.
Automaker Mitsubishi Motors Corp.'s shares dropped 4.9% after the company forecasted a 7% lower net profit in the fiscal year that will end in March 2025.
Toyota Motor slipped 0.4% after it reported Wednesday that it doubled its net profit in the fiscal year that ended in March.