China Disappoints And The Eurozone’s Contraction In Q1 May Be The Nadir – Investing.com
- Date: 30-Apr-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
China Disappoints And The Eurozone’s Contraction In Q1 May Be The Nadir – Investing.com
The record high close failed to carry into the Asia Pacific region today. A disappointing Chinese and news that Beijing imposed wide-ranging restrictions on the financial divisions of 13 companies weighed on activity.
China's Tencent and Meituan were among the biggest losers, and Hong Kong's led the region lower with a nearly 2% drop. Still, the fell for the fourth consecutive week, and Korea's snapped a four-week advance.
Europe's Dow Jones , less tech sensitive, is edging up to pare yesterday's loss. It was nearly flat for the week coming into today and is about 2.3% higher on the month.
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