BANGKOK (AP) — Markets fell in Europe and Asia after China reported Wednesday that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter.
The future for the S&P 500 lost 0.2% and that for the Dow Jones Industrial Average was 0.1% lower.
Weak global demand and the property industry remain the biggest shadows overhanging the economy in the near term, economists said.
“The wider data on the property sector remained weak, although green shoots are appearing,” Capital Economics said in a report.
Bank of New York Mellon rose 3.8% after it also reported stronger profit than expected for the latest quarter.
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