Global shares jump, boosted by a strong reading on US retail

Global shares jump, boosted by a strong reading on US retail

Asian shares were mostly higher Thursday, cheered on by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. In the latest data on the regional economy, Japan's trade deficit reached a record 3.497 trillion yen ($26.2 billion) in January. Imports for the world’s third largest economy jumped amid higher raw material and energy costs, and a weak yen. Exports rose 3.5%. Japan's benchmark Nikkei 225 gained 0.7% …

Global shares jump, boosted by a strong reading on US retail

Global shares were mostly higher Thursday, cheered on by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. France's CAC 40 edged up 0.8% in early trading to 7,356.36. Germany's DAX added 0.5% to 15,586.02. Britain's FTSE 100 gained 0.3% to 8,021.43. U.S. shares were set to drift higher with Dow futures little changed but slightly higher at 34,179.00. S&P; 500 futures rose nearly 0.2% to 4,166.25. In the l…

Global shares jump, boosted by a strong reading on US retail

Global shares were mostly higher Thursday, cheered on by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. France's CAC 40 edged up 0.8% in early trading to 7,356.36. Germany's DAX added 0.5% to 15,586.02. Britain's FTSE 100 gained 0.3% to 8,021.43. U.S. shares were set to drift higher with Dow futures little changed but slightly higher at 34,179.00. S&P 500 futures rose nearly 0.2% to 4,166.25. In the la…

Asian shares jump, boosted by a strong reading on U.S. retail

Asian shares were mostly higher Thursday, cheered on by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. In the latest data on the regional economy, Japan's trade deficit reached a record 3.497 trillion yen ($26.2 billion) in January. Imports for the…

Asian shares jump, boosted by a strong reading on US retail

Asian shares were mostly higher Thursday, cheered on by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. In the latest data on the regional economy, Japan's trade deficit reached a record 3.497 trillion yen ($26.2 billion) in January. Imports for the world’s third largest economy jumped amid higher raw material and energy costs, and a weak yen. Exports rose 3.5%. Japan's benchmark Nikkei 225 gained 0.7% …

Global shares jump, boosted by a strong reading on US retail

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were mostly higher Thursday, cheered on by a stronger than expected reading on U.S. retail sales that set off a rally on Wall Street. France’s CAC 40 edged up 0.8% in early trading to 7,356.36. Germany’s DAX added 0.5% to 15,586.02. Britain’s FTSE 100 gained 0.3% to 8,021.43. U.S. shares were set to drift higher with Dow futures little changed but slightly higher at 34,179.00. S&P 5…