Home / Business / Global stocks weighed down by G20 statement quoting : ABC News

Global stocks weighed down by G20 statement quoting : ABC News

according to

KEEPING SCORE: In Europe, France’s CAC-40 fell 0.3 percent to 5,015 while Britain’s FTSE 100 declined 0.1 percent to 7,417.
LONDON — Global stock markets were trading lower Monday after finance ministers from the world’s major economies dropped a pledge to oppose trade protectionism from a weekend statement due to resistance by the Trump administration.
ANALYST TAKE: “A key downside risk for the global economy is an increase in protectionism and an outbreak of trade wars,” said Neil MacKinnon, global macro strategist at VTB Capital.
TRADE: Finance ministers and central bankers from the Group of 20 major economies dropped a pledge to eschew protectionism in a statement Saturday under U.S. pressure.
Wall Street was poised for modest falls at the open, with Dow futures and the broader S&P 500 futures 0.1 percent lower.

according to

Global stocks weighed down by G20 statement

Global stocks weighed down by G20 statement

KEEPING SCORE: In Europe, France’s CAC-40 fell 0.3 percent to 5,015 while Britain’s FTSE 100 declined 0.1 percent to 7,417.
Global stock markets were trading lower Monday after finance ministers from the world’s major economies dropped a pledge to oppose trade protectionism from a weekend statement due to resistance by the Trump administration.
ANALYST TAKE: “A key downside risk for the global economy is an increase in protectionism and an outbreak of trade wars,” said Neil MacKinnon, global macro strategist at VTB Capital.
TRADE: Finance ministers and central bankers from the Group of 20 major economies dropped a pledge to eschew protectionism in a statement Saturday under U.S. pressure.
Wall Street was poised for modest falls at the open, with Dow futures and the broader S&P 500 futures 0.1 percent lower.

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