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The Nexus
BUSINESSAug 17 · 07:43 UTCWTOP DCWTOP Staff

World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower

World shares were mixed due to worries over stagflation after a weaker-than-expected report on the U.S. economy. Global markets showed variation, with Tokyo's Nikkei 225 index gaining while the S&P 500 fell following reports of reduced shopper spending. Commodities also saw declines, as Brent crude and US benchmark crude slipped in price.

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