New Year rally pushes global shares higher; oil retreats
TOKYO (AP) — Global markets rose Wednesday, with European shares tracking China-led advances in Asia. Oil prices held steady.
KEEPING SCORE: Germany's DAX added 0.4 percent to 12,924.14 and the CAC 40 of France was up 0.2 percent at 5,299.80. Britain's FTSE 100 was flat at 7,647.71. Standard & Poors 500 futures were up 0.2 percent and Dow futures also rose 0.2 percent, auguring early gains on Wall Street.
ASIA'S DAY: Hong Kong's Hang Seng index picked up 0.2 percent to 30,560.95 and the Shanghai Composite index jumped 0.6 percent to 3,369.11. South Korea's Kospi added 0.3 percent to 2,486.35 and the S&P ASX 200 in Australia ticked 0.2 percent higher to 6,070.40. Shares rose in Taiwan and Singapore but fell in Indonesia.