Skip to Content
AP National Business

World shares retreat, chilled by decline on Wall Street

<i></i><br/>
KMIZ

By
Published 3:27 AM

By ELAINE KURTENBACH
AP Business Writer

Shares have slipped in Europe and Asia after a retreat on Wall Street pulled the S&P 500 and the Dow Jones Industrial Average back from their latest record highs. Shares fell in London, Frankfurt, Tokyo and Shanghai. In Seoul, the Kospi edged 0.2% higher after Samsung Electronics reported its highest quarterly profit in three years thanks to continued robust demand for its computer memory chips. The Bank of Japan kept its monetary policy unchanged, but downgraded forecasts for growth and inflation. On Wednesday, the S&P 500 fell 0.5% while the Dow Jones Industrial Average dropped 0.7%. Both indexes set all-time highs the day before. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content