London's Miners Fall on Chinese Deflation, U.S. Recession Fears -- Market Talk

Dow Jones
03-10

1131 GMT - Shares in London-listed miners fell on Chinese deflation fears and the prospect of a recession in the U.S. In European late morning trade, Copper miner Antofagasta was the largest faller. It's shares traded down 3.6% at 1778.50 pence, while Anglo American fell 2.7% to 2317.50 pence. Silver and gold miner Fresnillo fell 1.5% to 836.00 pence, and Glencore fell 0.6% at 317.10 pence. Data showed that China's inflation rate was negative in February and domestic demand was weak, provoking concerns given the threat tariffs could pose to the country's exports, AJ Bell's Russ Mould writes. Separately, President Trump on Sunday refused to rule out a recession in the U.S. this year. (adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

March 10, 2025 07:31 ET (11:31 GMT)

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