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World Shares Higher Ahead of US Inflation Update

Started by Epoch-Times-Bot, Dec 09, 2022, 07:45 AM

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Epoch-Times-Bot

Dec 09, 2022, 07:45 AM
World Shares Higher Ahead of US Inflation Update

BANGKOK—Shares were higher in Europe and Asia ahead of an update Friday on U.S. wholesale prices that will provide insights into how businesses are coping with inflation.
Germany’s DAX added 0.2 percent to 14,295.30 while the CAC 40 in Paris was nearly unchanged at 6,649.30. Britain’s FTSE 100 also was little changed, gaining less than 2 points to 7,474.82.
The future for the S&P 500 was up 0.2 percent while that for the Dow Jones Industrial Average edged 0.1 percent higher.
Chinese benchmarks rose Friday.
Property shares got a boost from Sunac China Holdings’ announcement that it has made "considerable progress” in restructuring $9.1 billion of its $11 billion in offshore debts. More than a third of the total originally was to fall due by the end of the year....

Source: World Shares Higher Ahead of US Inflation Update

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