World shares lower as investors consider latest earnings
HONG KONG (AP) — World stocks were mostly lower Friday as investors evaluated the latest earnings and economic reports while worries about rising U.S. bond yields weighed on sentiment.
KEEPING SCORE: European shares fell in early trading. France's CAC 40 lost 0.5 percent to 5,426.61 and Germany's DAX shed 0.6 percent to 12,918.78. Britain's FTSE 100 dipped 0.1 percent to 7,479.50. Wall Street was poised to open lower. Dow futures sank 0.3 percent to 26,092.00 and broader S&P 500 futures slipped 0.2 percent to 2,816.10.
EARNINGS: Investors were digesting a full plate of corporate earnings. Honda's third-quarter profit more than tripled from the previous year on rising sales and a boost from a U.S. tax cut.