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Global Shares Trade Mixed After Wall St. Rally

Writer: By The Financial DistrictBy The Financial District

Global shares traded mixed on Thursday, following a boost in market optimism from record highs set on Wall Street, as reported by Yuri Kageyama and Stan Choe for the Associated Press (AP).


In Europe, France’s CAC 40 fell 0.4% to 7,531.90 in early trading, while Germany’s DAX lost 0.3% to 19,195.69. I Photo: Onsasill - Bill Badzo Flickr



In Europe, France’s CAC 40 fell 0.4% to 7,531.90 in early trading, while Germany’s DAX lost 0.3% to 19,195.69.


Meanwhile, Britain’s FTSE 100 edged up less than 0.1% to 8,247.07. In the U.S., shares were expected to open slightly lower, with Dow futures down 0.1% at 42,755.00 and S&P 500 futures slipping nearly 0.2% to 5,831.00.



In Asia, Japan’s benchmark Nikkei 225 rose 0.3%, closing at 39,380.89. Australia’s S&P/ASX 200 increased 0.4% to 8,223.00, and South Korea’s Kospi added 0.2% to 2,599.16. Hong Kong’s Hang Seng Index jumped 3.1% to 21,270.01 after experiencing volatility in the previous session.


Earlier in the week, the index plummeted more than 9%, marking its worst loss since the 2008 global financial crisis.



The Shanghai Composite surged 1.3% to 3,301.93 as Chinese stocks rebounded on stimulus hopes for the world's second-largest economy, following a slump earlier this week due to disappointment over insufficient economic support measures.




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