Global shares mostly rise, cheered by US stocks setting more records

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....lobal shares mostly rise, cheered by US stocks setting more records<BR>PTI News<BR>Dated:- 23-9-2025<BR>PTI<BR>Tokyo, Sep 23 (AP) Global shares mostly rose on Tuesday, taking their cue from a seemingly relentless rally that's continuing on Wall Street. France's CAC 40 gained 0.9 per cent in early trading to 7,898.76. The German DAX edged up 0.6 per cent to 23,664.15. Britain's FTSE 100 rose 0.3 ....

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....per cent to 9,253.19. US shares were set to drift higher with Dow futures up nearly 0.1 per cent at 46,749.00. S&P 500 futures were little changed at 6,753.00. Tokyo trading was closed for a national holiday. Elsewhere in Asia, Australia's S&P/ASX 200 climbed 0.4 per cent to 8,845.90. South Korea's Kospi added 0.5 per cent to 3,486.19. Shares declined in China. Hong Kong's Hang Seng slipped 0.....

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....7 per cent to 26,159.12, as investors continued to watch ongoing talks about US tariffs. The Shanghai Composite dropped 0.2 per cent to 3,821.83. Market attention remains on upcoming moves from global central banks, especially the Federal Reserve. Stocks have surged since April on hopes that President Donald Trump's tariffs won't derail global trade and that the Fed will deliver several cuts to ....

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....interest rates to boost the economy. Remarks from Fed Chairman Jerome Powell in a speech later in the day will also be in focus. The Fed made its first cut of the year last week, and officials indicated more could arrive through the end of this year and into next. An update on Friday will show how much prices are rising for US households. “A busier data docket awaits today, though in truth i....

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....t will be remarks this evening from Fed Chair Powell that steal the limelight, in which Powell will, hopefully, clear up some of the confusion around having framed last week's cut as a risk management move,” said Michael Brown, senior research strategist at Pepperstone. In energy trading, benchmark US crude lost 7 cents to USD 62.21 a barrel. Brent crude, the international standard, fell 11 ce....

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....nts to USD 66.46 a barrel. In currency trading, the US dollar rose to 147.87 Japanese yen from 147.74 yen. The euro cost USD 1.1797, down from USD 1.1802. (AP) SKS SKS<BR> News - Press release - PIB....