World shares and U.S. futures were mostly lower Friday despite a flurry of reports showing economic recoveries from the pandemic gained pace in the last quarter.
The zone of countries using the euro saw its GDP jump 13.7% from a year earlier in the April-June quarter, according to a preliminary estimate. That followed a report Thursday showing the U.S. economy has recovered to above its pre-pandemic level.
However, the spread of the delta variant of the coronavirus is prompting governments to tighten pandemic restrictions in many countries. The modest rally came as the latest government data showed continued economic growth and investors reviewed another batch of mostly positive corporate earnings reports.
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