In the last week, the world stock markets mixed as traders unnerved disappointing about the U.S. corporate earnings outcomests waited for another round Monday. The glum yields from the Wall Street giants Microsoft, General Electric and McDonald's took traders by a surprise and caused the U.S. stocks to stop substantially lower on Friday. on Monday , the Asia and Europe’s investors saw a little reason to go against the flow.
Linus Yip, strategist at First Shanghai Securities in Hong Kong, said:"The U.S. market has a significant decline. A significant decline in the U.S. will have an effect on theAsian markets as a whole."
The Britain's FTSE 100 was down 0.2 per cent to 5,886.57. Germany's DAX slumped 0.2 per cent to 7,363.16 and France's CAC-40 slid marginally to 3,502.3. while, the Wall Street appeared set to the ground lost Friday. The Dow Jones industrial futures climbed 0.2 per cent to 13,280 and the S&P 500 futures gained 0.2 per cent to 1,427.20.
In Asia, Japan's Nikkei 225 was up just 0.1 per cent to finish at 9,010.71, drgged down by a widening of trade deficit in September. While, South Korea's Kospi slid 0.1 per cent to 1,941.59 and Australia's S&P/ASX 200 was down 0.7 per cent to 4,541.
Hong Kong's Hang Seng jumped 0.7 per cent to 21,697.55 and the mainland Chinese stocks also posted its gains. The Shanghai Composite Index climbed 0.2 per cent to 2,132.76 and the smaller Shenzhen Composite Index added 0.5 per cent to 882.03.