Stock Market Today: World Shares Decline on Worries Over US Debt; Germany Slips Into Recession

Some people watch at an electronic stock board showing Japan's Nikkei 225 index at a securities firm, in Tokyo on May 25, 2023. Eugene Hoshiko/AP Photo

World shares declined Thursday as investors watched for signs of progress on a deal to avert a default on U.S. government debt.

U.S. futures were mixed and oil declined.