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Global Stocks Stutter on China, Oil-Price Retreat

European stock benchmarks stuttered on Wednesday after Chinese equities slumped and oil resumed its descent.

By mid-morning in London the FTSE 100 was down 0.31% at 6,385.33. In Frankfurt, the Dax was down 0.20% at 10,328.99 and in Paris the Cac 40 had slipped 0.33% at 4,551.34.

S&P 500 mini futures were down 0.25%

Oil fell as the end of a three-day strike by oil and gas workers in Kuwait signaled a ramp-up of production. Brent crude was recently down 2.07% at $43.11.

Semiconductor designer Arm Holdings (ARMH) was up about 2.5% in London after beating first-quarter...


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