{"id":443452,"date":"2021-10-20T09:06:08","date_gmt":"2021-10-20T03:36:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=443452"},"modified":"2021-10-20T10:28:14","modified_gmt":"2021-10-20T04:58:14","slug":"world-shares-dip-as-china-growth-disappoints-oil-extends-rally","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/world-shares-dip-as-china-growth-disappoints-oil-extends-rally\/","title":{"rendered":"World shares dip as China growth disappoints, oil extends rally"},"content":{"rendered":"<p>World shares dipped on Monday after data showed slower-than-expected growth in China&#8217;s economy last quarter and surging oil prices fed inflation concerns.<\/p>\n<p>Calls by China&#8217;s President Xi Jinping on Friday to make progress on a long-awaited property tax to help reduce wealth gaps also soured the mood.<\/p>\n<p>An MSCI gauge of global stocks was down 0.1% by 0808 GMT as losses in Asia and a weak open in Europe erased part of the gains seen last week on a strong start to the earnings season.<\/p>\n<p>U.S. stock futures were also lower with S&amp;P 500 e-minis last down 0.2% and Nasdaq e-minis down 0.3%.<\/p>\n<p>China&#8217;s gross domestic product grew 4.9% in the July-September quarter from a year earlier, its weakest pace since the third quarter of 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World shares dipped on Monday after data showed slower-than-expected growth in China&#8217;s economy last quarter and surging oil prices fed inflation concerns. Calls by China&#8217;s President Xi Jinping on Friday to make progress on a long-awaited property tax to help reduce wealth gaps also soured the mood. An MSCI gauge of global stocks was down 0.1% by 0808 GMT as losses in Asia and a weak open in Europe erased part of the gains seen last week on a strong start to the earnings season. U.S. stock futures were also lower with S&amp;P 500 e-minis last down 0.2% and Nasdaq [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-443452","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=443452"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/443452\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=443452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=443452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=443452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}