Stock market today: Global shares buoyed by Wall Street's winning week as inflation eases
Global shares are mostly higher, buoyed by another rally on Wall Street fueled by hopes that cooling inflation will help stave off interest rate hikes in coming months TOKYO -- Global shares are mostly higher, buoyed by another rally on Wall Street fueled by hopes that cooling i NFL ation will help stave off more interest rate hikes. France's CAC 40 gained 0.3% in early trading to 7,394.68. Germany's DAX fell 0.1% to 16,121.61. Britain's FTSE 100 edged 0.2% higher to 7,453.21. The futures for the Dow Jones Industrial Average and S &P 500 fell less than 0.1%. China will release an update on economic growth in the April-June quarter on Monday. Analysts are forecasting that growth accelerated to more than 7% from a year earlier, up from 4.5% in the previous quarter, but largely due to sluggish business activity while the country was enduring its worst waves of COVID-19 outbreaks. In Asian trading, Japan’s benchmark Nikkei 225 lost earlier gains, finishing down 0.1% at ...