US economy

Global Markets Catch Their Breath After a Turbulent Run


HONG KONG — Global investors signaled a pause on Monday in a three day stock sell-off, leaving Asian markets largely muted for the day and Europe set to open modestly lower.

The subdued movement should come as a relief to investors in the United States, where shares dropped last week over concerns about economic conditions in China, the United States and other countries.

Futures contracts that predict the performance of shares suggested that Wall Street would open trading on a mildly positive note.

The Nikkei 225 exchange in Tokyo rose 0.6 percent, the Hang Seng Index in Hong Kong ended flat and the Shanghai Composite Index rose 0.2 percent. Exchanges in South Korea and Taiwan ended trading slightly higher.

The modest moves indicated that investors had recovered some confidence after being shaken on Friday when the Chinese government issued a spate of negative economic data.

Markets in Britain, France and Germany all opened the trading day down 0.2 percent.



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