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Global markets fall amid worries over rising U.S. debt – National [Video]

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Canadian Politics and Government

Global shares fell Thursday as investors reacted to growing worries over surging U.S. debt.

France’s CAC 40 slipped 0.8 per cent to 7,849.87, while Germany’s DAX declined 0.7 per cent to 23,962.00. Britain’s FTSE 100 fell 0.7 per cent to 8,728.84.

The future for the Dow Jones Industrial Average inched 0.1 per cent lower while that for the S&P 500 gained nearly 0.2 per cent.

In Asian trading, Japan’s benchmark Nikkei 225 shed 0.8 per cent to finish at 36,985.87.

Hong Kong’s Hang Seng lost 1.2 per cent to 23,544.31, while the Shanghai Composite edged down 0.2 per cent to 3,380.19.

Australia’s S&P/ASX 200 slipped 0.5 per cent to 8,348.70. South Korea’s Kospi dropped 1.2 per cent to 2,593.67.

Shares skidded Wednesday on Wall Street after the U.S. government released the results for its latest auction of 20-year bonds. Such bonds help to pay government bills and the auction had …

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