Global shares were mixed Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation.
France’s CAC 40 was little changed, inching down less than 0.1 per cent to 6,704.00. Germany’s DAX slipped 0.1 per cent to 14,524.48. Britain’s FTSE 100 gained 0.1 per cent to 7,473.46. The future for the S&P 500 gained 0.2 per cent while that for the Dow industrials was up 0.1 per cent.
Investors have their eyes on China’s lockdowns and restrictions to curb the spread of coronavirus infections, as the direction China takes will have great impact on the rest of Asia.
China has been expanding pandemic lockdowns, including in a city where factory workers making Apple’s iPhone clashed with police this week, as its number of COVID-19 cases hits a daily record.
Across China, the number of new cases reported Thursday was 31,444, the highest since the virus was first detected in late 2019.
Reopening policies have pivoted in China, which will be a gradual …
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