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Global Markets: Stocks sink as soft China data, trade fears weigh

Reuters  |  LONDON 

By Alasdair PalLONDON (Reuters) - World stocks fell on Tuesday as investors digested soft Chinese economic data and a lack of progress in U.S.-China trade talks, while a rise in U.S. borrowing costs supported the dollar. MSCI's world equity index, which tracks shares in 47 countries, was down 0.3 percent.Europe's benchmark Stoxx 600 was 0.1 percent lower while Germany's DAX shed 0.2 percent as first-quarter economic growth in the country came in lower than expected. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent.China reported weaker-than-expected investment ...

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First Published: Tue, May 15 2018. 14:13 IST