Saturday, 14 May 2016

Stocks mixed amid heightened anxiety

Stocks were mixed on Friday.

The S&P 500 fell 0.8 percent, the STOXX Europe 600 rose 0.5 percent and the Nikkei 225 fell 1.4 percent.

Jon Adams, senior investment strategist at BMO Global Asset Management, said: “There’s heightened anxiety.”

Indeed, in the latest Wall Street Journal survey of business, academic and financial economists, forecasters estimated, on average, that the US had a 20 percent chance of falling into recession in the next year, up slightly from the 19 percent in last month’s survey.

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