World shares retreat after falling tech stocks pull Wall Street lower

World shares retreat after falling tech stocks pull Wall Street lower Updated 14 mins ago Shares have declined in Europe and Asia after losses for influential technology stocks pulled Wall Street benchmarks lower. U.S. futures have advanced and oil prices are also higher. China reported that its exports contracted 1.1% in October, as shipments to the United States dropped by 25% from a year earlier. But economists expect Chinese exports to recover after U.S. President Donald Trump and Chinese leader Xi Jinping agreed last week to de-escalate the trade war between the two largest economies. On Thursday, the S&P 500 fell 1.1% and the Dow industrials lost 0.8%. The Nasdaq composite sank 1.9%.