FILE PHOTO: A visitor wearing protective face mask, following an outbreak of the coronavirus, walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan March 2, 2020. REUTERS/Issei Kato
Chinese shares rose 0.18% in choppy trade, but a slower-than-expected rise in industrial production and a surprise fall in retail sales weighed on investor sentiment.Euro Stoxx 50 futures were down 0.27%, German DAX futures fell 0.22%, and FTSE futures fell 0.06%. The S&P 500 ended slightly lower on Thursday after briefly trading above its record closing high level for a second day as doubts about U.S. stimulus measures took hold.
Some traders stuck to the sidelines before a meeting between U.S. and Chinese officials about their Phase 1 trade deal on Saturday. Yields on 30-year U.S. Treasuries stood at 1.4225% on Friday, close to a five-week high after the government sold a record amount of 30-year bonds to weak demand on Thursday.Higher yields broadly supported the U.S. dollar, which held steady at 106.90 yen and at $1.1812 against the euro.
Chinese whataboutism
This article is meaningless, US data is in the worst, but the shares are in the best. Please compare and explain as well.
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