TODAY'S TOP STORIES

European Shares Edge Lower On China Growth Concerns

European stocks traded lower on Monday after data showed the Chinese economy grew just 0.8 percent in the June quarter, down from 2.2 percent in the first three months of 2023.

Other reports on industrial output, retails sales, fixed asset investment and unemployment proved to be a mixed bag, raising concerns about an uneven economic recovery in the country.

Elsewhere, data out of U.K. showed the average price of property coming to market fell by £905 to £371,907 this month due to rising mortgage costs, property listing platform Rightmove said.

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by RTTNews Staff Writer

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