News Snapshot:
By Ben Hernandez on July 17, 2020 Investors didn’t appear completely sold on China’s second-quarter GDP rise of 3.2% as more mixed economic data suggested a gloomier picture. China’s retail sales unexpectedly fell by 1.8% year-over-year in the month of June. “Chinese shares fell the most in five months, as signs of an uneven economic recovery rattled investors already worried by a rapid run-up in the country’s stock markets,†a Wall Street Journal article noted. “The benchmark Shanghai Composite retreated 4.5% Thursday. That means it has now fallen for four of the past five sessions, after surging since the end...
