Growth fears eclipse US earnings; Fed, Draghi eyed


  • Business
  • Wednesday, 09 Jul 2014

LONDON: World stocks fell on Wednesday as cooling Chinese inflation overnight added to weak European industrial data earlier in the week, pointing to slowing global growth and eclipsing a positive start to the US earnings season.

Miner Alcoa Inc reported results after Wall Street closed that beat analysts' expectations, but that was not enough to help European equities recover after posting their biggest fall in three months on Tuesday.

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