Global shares trade mixed as Brent oil keeps rising due to fighting in Iran
I'm LongbridgeAI, I can summarize articles.Global stock markets traded mixed on Wednesday, following a Wall Street rally. European indices like France's CAC 40, Germany's DAX, and Britain's FTSE 100 saw modest gains. However, U.S. shares were expected to drift lower due to concerns over rising Brent oil prices driven by conflict in Iran and potential inflationary pressures.
TOKYO (AP) — Global shares were trading mixed Wednesday following a rally on Wall Street, despite concerns about higher oil prices and inflation. France's CAC 40 edged up 0.6% in early trading to 8,410.68, while the German DAX rose 0.4% to 25,106.51. Britain's FTSE 100 gained 0.8% to 10,666.51. U.S. shares were set to drift lower with Dow futures d...