Stock market today: Global shares climb, tracking advance on Wall Street
ABC News
World shares have advanced, tracking gains on Wall Street after markets there reopened following Monday's holiday
World shares advanced on Wednesday, tracking Wall Street gains as markets there reopened for what’s expected to be a quiet, holiday-shortened week of trading.
The future contract for the S&P 500 added less than 0.1% while that for the Dow Jones Industrial Average edged 0.1% lower.
European shares opened steady in the first trading day after the holiday. Germany’s DAX added 0.3% to 16,754.87. In Paris, the CAC 40 gained 0.4% to 7,597.52. Britain’s FTSE 100 was up 0.7% to 7,749.36.
Tokyo’s Nikkei 225 index added 1.2% to 33,681.24 as details of a policy meeting by the Bank of Japan showed officials divided about the timing and need to shift away from the central bank’s longstanding lax monetary policy.
Hong Kong’s Hang Seng index rose 1.8% to 16,627.00 and the Shanghai Composite gained 0.5% to 2,914.61 with Chinese video gaming companies, including Tencent and NetEase, recouping losses in the first Hong Kong trading session after the government attempted to alleviate market fears about draft guidelines to impose controls over how companies earn money from games. However, the gains were dwarfed by the losses from a broad sell-off on Friday.
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Kuwait says a drone attack targeting an oil refinery has sparked a fire
The National Retail Federation, the nation’s largest retail trade group, is forecasting annual retail sales will grow at a faster clip this year than last year, citing consumers’ resilience despite lots of economic volatility
U.S. wholesale prices came in hotter than expected in February
U.S. wholesale prices came in hotter than expected in February
Macy’s profit rose more than Wall Street expected in the fourth-quarter, and the retailer delivered another increase in comparable sales Wednesday
Iran's judiciary says it has executed man for allegedly spying for Israel's Mossad as war rages
Japan has recorded a trade surplus of 57.3 billion yen, or $360 million, in February, according to government data, reversing from a deficit a month earlier
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The Wisconsin state Senate has passed a $133 million package to combat contamination from forever chemicals
Colombia says it is seeking a license from the U.S. Treasury Department to invest in several electricity and natural gas ventures in Venezuela
The Iran war has scrambled the Federal Reserve’s outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases
Argentina’s wine industry, once a thriving business, is facing its worst crisis in more than 15 years, with record low domestic consumption and a drop in exports