World shares are mixed as conservatives win German election

News Snapshot:

BANGKOK (AP) — World shares were mixed on Monday after U.S. stocks fell sharply following reports showing the U.S. economy may be suffering as consumers and businesses fret over President Donald Trump’s policies. German shares advanced after conservatives won an election dominated by concerns about Europe’s largest economy. The DAX jumped 0.7% to 22,439.17 after provisional results confirmed that mainstream conservatives led by Friedrich Merz won the national election, while a far-right party surged to become the nation’s second-largest. In Paris, the CAC 40 shed 0.2% to 8,138.47, while the Britain's FTSE 100 edged 0.1% higher, to 8,669.45. Markets were...