World News: 09:42 GMT Wednesday 15th May 2019. [Yahoo Business News Feed via SPi World News]
Contracts on the S&P 500, Dow and Nasdaq all turned lower along with the Stoxx 600, as automakers and miners weighed on the European benchmark. Mainland China led gains after data showing China’s economy lost steam lifted expectations that Beijing will boost stimulus. Australia’s dollar sank as China reported industrial output, retail sales and investment all slowed last month -- underscoring the fragility of the world’s second-largest economy as it girds for an intensified face-off with the U.S. over trade.
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