Stock market today: World shares are mixed as investors eye the US election
World shares are mixed as investors await the outcome of the U.S. election and other potentially market-rattling events this week. Chinese markets surged on hopes for fresh stimulus for the economy. On Monday, the S&P 500 slipped 0.3%, although most of the stocks within the index rose. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite dipped 0.3%. Beyond Election Day in the United States on Tuesday, the Federal Reserve will also be meeting on interest rates later this week. Investors also hope the Chinese government may announce stimulus for the world’s second-largest economy. Crude prices rose after oil-producing nations delayed planned increases to their production.