World market momentum over Chinese rate cut fades

LONDON (AP) — World stock markets edged lower in European trading on Monday as investor optimism faded over a weekend interest rate cut by the Chinese central bank. KEEPING SCORE: Britain’s FTSE 100 shed 0.1 percent to 6,937.56 and Germany’s DAX was roughly flat at 11,391.15. France’s CAC 40 fell 0.8 percent to 4,914.14. Wall … Continue reading