Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Shares are broadly higher in Europe and Asia as investors focus on the latest flurry of corporate earnings. The upbeat start to the week contrasted with the gloom on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and 5-year lending rates unchanged. On Friday, the S&P 500 fell 0.9% to close out its third straight losing week. The Nasdaq composite tumbled 2%. The Dow Jones Industrial Average, which has less of an emphasis on tech, was an outlier and rose 0.6%.