World shares advance on mixed economic data
CTV
World shares were mostly higher on Friday as investors assessed a hodge-podge of economic data.
Benchmarks rose in Frankfurt, Paris, Tokyo and Hong Kong but fell in Sydney. U.S. futures edged higher, while the yield on the 10-year Treasury note was steady at 1.33%.
Oil prices retreated from their surge earlier in the week.
U.S. shares edged higher in the early going on Thursday after a surprisingly good retail sales report for August. That was followed by a disappointing report showing that weekly unemployment claims rose more than expected.
The S&P 500 and the Dow Jones Industrial Average each lost about 0.2%, while the tech-heavy Nasdaq managed to eke out a gain of 0.1%.
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