Stocks, US futures retreat amid cautious trading: Markets Wrap


Source: finance.yahoo.com finance.yahoo.com

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(Bloomberg) — European stocks and US equity futures declined as a cautious mood permeated global markets despite China’s latest measures to support its ailing property sector. Most Read from Bloomberg The Stoxx Europe 600 index fell about 0.3% at the open, snapping a four day rising streak that took it to within two points of its January 2022 record high on Monday. Miners Anglo American Plc and Rio Tinto Plc led basic-resources stocks lower after a slump in iron ore prices. The chemicals sub-sector outperformed, with Air Liquide SA jumping more than 4% after the French gas producer beat analysts’...