European markets mixed

Business | 12 Sep 2018 7:17 pm

World markets were mixed today as investors focused on trade tensions, with China delaying licenses to American businesses ahead of expected tariffs from Washington. The price of oil continued to rise on concerns that hurricane Florence could disrupt supplies.

In Europe, France's CAC 40 gained by 0.5 percent to 5,309, while Britain's FTSE 100 was down by 0.2 percent at 7,262. Germany's DAX added 0.2 percent to 11,988.

Wall Street was poised to open slightly higher, with Dow and S&P 500 futures both added 0.1 percent.

In Asia, Japan's benchmark Nikkei 225 lost 0.3 percent to 22,604.61, and the Kospi in South Korea was almost flat at 2,282.92. Hong Kong's Hang Seng index was 0.3 percent lower at 26,345.04. The Shanghai Composite index fell 0.3 percent to 2,656.11. Australia's S&P/ASX 200 shed 0.1 percent to 6,175.90. -AP

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