World Stock Markets Mixed Following Trump Shooting

3 months ago 14

World shares began the week trading mixed and US futures were higher after a shooting at a rally for former President Donald Trump.

China reported that its economy expanded at a slower-than-forecast 4.7 per cent annual pace in the last quarter as its ruling Communist Party opened a once-a-decade policy-setting meeting.

Markets seemed to take in stride the shooting at Trump’s rally in Butler, Pennsylvania that is being investigated as an attempted assassination of the presumptive Republican nominee.

Shares in Trump Media & Technology Group Corp. jumped sharply in pre-market trading Monday, gaining as much as 70 per cent.

They were up 52 per cent, at $46.92 a share on the Nasdaq as of 6AM local time in New York. Germany’s DAX edged 0.1 per cent lower, and the CAC 40 in Paris declined 0.4 per cent. In London, the FTSE 100 was down 0.1 per cent.

The futures for the S&P 500 and Dow Jones Industrial Average were 0.4 per cent higher.

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