World stocks mixed after upbeat Intel forecast

Published



LONDON (AP) — World stock markets were mixed on Friday as investors weighed disappointing U.S. economic data and upbeat forecasts from Intel, the computer chipmaker.

Sentiment has been subdued this week, particularly since a U.S. report on Thursday showed retail sales in the world’s largest economy did not grow as much as expected in May. Further denting optimism was the rise in oil prices, which can hurt the growth prospects for companies.

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