TOKYO (AP) – Global shares were mixed on Friday following upbeat news on the U.S. economy, with Japan’s benchmark falling after the latest data showed inflation has been slowing faster than expected. France’s CAC 40 jumped 1.5% to 7,572.65 in early trading, while Germany’s DAX shed 0.2% to 16,876.05. Britain’s FTSE 100 added 0.9% to 7,597.30. U.S. shares were set to drift lower with Dow futures down 0.3% at 38,096.00. S&P 500 futures fell 0.4% to 4,904.25. Tokyo’s Nikkei 225 declined 1.3% to finish at 35,751.07 as a key measure of inflation slowed faster than expected in January, to 1.6% from 2.4% in December. Weaker price increases relieve pressure on the Bank of Japan to tighten its ultra-lax monetary policy,…
Published Date: 2024-01-26
Source: Daily Mail Online
Categories: Business, Investing, Stocks and Bonds, Commodities and Futures, Guides
