Global shares jump, boosted by a strong reading on US retail
Summary by KSTP News
Global shares have advanced, cheered on by a stronger than expected reading on U.S. retail sales that set off a Wall Street rally. A report showed U.S. shoppers opened their wallets at stores last month by much more than expected. Benchmarks rose in early trading in France, Germany and Britain. Shares finished higher in Tokyo, Sydney, Seoul and Hong Kong but fell in Shanghai. In the latest data on the regional economy, Japan’s trade deficit reac…
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Associated Press News
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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…
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…
Global stocks rise after strong US retail sales, better UK inflation data
NEW YORK - Wall Street stocks shrugged off early weakness and pushed higher Wednesday as they followed European bourses upward after strong US economic data.