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Markets mixed as growth fears clash with strong US bank earnings and Chinese export gains
  • World stock markets were mixed on Monday as positives in the market battled with trade disputes and financial conditions that "have been plaguing investors," said London Capital Group's Jasper Lawler.
  • JP Morgan and Wells Fargo reported strong earnings last week, while Chinese exports jumped 14% year-on-year in March after dropping 21% in February.
  • US-China trade talks could be nearing a conclusion, according to US Treasury Secretary Steven Mnuchin.

  • Asian stocks closed broadly lower as the Shanghai Composite slid 0.3%, the SZSE Component drifted 0.8%, and Hong Kong's Hang Seng fell by 0.3%. Japan's Nikkei rose 1.4% ahead of a 10-day break for markets.
  • European markets were flat with Germany's DAX, Britain's FTSE 100, and the Euro Stoxx 50 all within 0.1% of their opening figure.
  • US stocks were set to open marginally lower, with futures underlying the Dow and S&P 500 close to flat and those underlying the Nasdaq down 0.1%.
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Full "The Business Insider: The Money Game" article




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