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World shares mostly higher after wobbly gains on Wall St

September 15, 2022

Via: ABC News

World shares were mostly higher on Thursday after a wobbly day of trading yielded modest gains on Wall Street.

Germany’s DAX added 0.4% to 13,075.05 while the CAC 40 in Paris edged 0.1% higher to 6.230.03. Britain’s FTSE 100 climbed 0.6% to 7,320.71. The futures for the S&P 500 and the Dow industrials were up 0.3%.

A report on inflation at the wholesale level released Wednesday showed that prices are still rising rapidly, with pressures building underneath the surface, even if overall inflation slowed. It echoed a report on inflation at the consumer level Tuesday, which raised expectations for interest-rate hikes and triggered a rout for markets.

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