Global Stocks Slip on China Data, European Shares Recover Some Ground

Global Stocks Slip on China Data, European Shares Recover Some Ground
A woman uses a mobile phone in front of an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan, on June 14, 2023. Kim Kyung-Hoon/Reuters
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LONDON/HONG KONG—Global stocks slipped on Wednesday for the third time in four sessions as more disappointing Chinese economic data and the absence of meaningful stimulus from Beijing continued to weigh on investor sentiment.

European stocks and U.S. futures edged higher, however, after dropping sharply on Tuesday. Investors were waiting for minutes from the Federal Reserve’s July meeting, due out later on Wednesday.