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Global shares advance after Dow hits fresh record
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....lobal shares advance after Dow hits fresh record<BR>PTI News<BR>Dated:- 12-11-2025<BR>PTI<BR>Tokyo, Nov 12 (AP) World shares have advanced, with markets in Europe and most of Asia higher after the Dow industrials hit a fresh record as technology shares appeared to recover from last week's swoon over the future of artificial intelligence. France's CAC 40 climbed 0.5 per cent to 8,193.98, while th....
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....e German DAX surged nearly 1.1 per cent to 24,357.28. Britain's FTSE 100 rose 0.1 per cent to 9,906.82. The future for the S&P 500 rose 0.4 per cent while that for the Dow Jones Industrial Average was up 0.2 per cent. In Asian trading, Japan's benchmark Nikkei 225 added 0.4 per cent to finish at 51,063.31. SoftBank Group's shares fell 3.5 per cent, plunging as much as 9 per cent earlier in t....
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....he day after it said Tuesday that it sold its entire stake in the AI chip company Nvidia for USD 5.83 billion last month, raising funds for other investments. A big question has been whether investors will push the craze for AI stocks further. Their sensational growth has been one of the top reasons the US market has hit records despite a slowing job market and still-high inflation. But their pr....
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....ices have shot so high that critics say they're reminiscent of the 2000 dot-com bubble, which ultimately burst and dragged the S&P 500 down by nearly half. Elsewhere in Asia, Hong Kong's Hang Seng rose 0.9 per cent to 26,922.73, while the Shanghai Composite edged down less than 0.1 per cent to 4,000.14. Australia's S&P/ASX 200 shed 0.2 per cent to 8,799.50. South Korea's Kospi added 1.1 per ce....
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....nt to 4,150.39. On Tuesday, the S&P 500 added 0.2 per cent, bouncing a bit following a vigorous rebound on Monday that followed its first losing week in four. The Dow Jones Industrial Average surged 1.2 per cent, to a record close of 47,927.96, surpassing its prior all-time high set two weeks ago. The Nasdaq composite lagged the market as Nvidia slipped 3 per cent due to continued concerns t....
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....hat stocks caught up in the artificial-intelligence frenzy may have become too expensive. In the US bond market, trading was closed for the Veterans Day holiday. What's making the Federal Reserve's job potentially more difficult is that the US government's shutdown has delayed important updates on jobs and other areas of the economy. The Senate has made moves to end what's become the longest-e....
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....ver shutdown, but it's not assured. In other dealings early Wednesday, benchmark US crude declined 34 cents to USD 60.70 a barrel. Brent crude, the international standard, lost 31 cents to USD 64.85 a barrel. The US dollar edged up to 154.76 Japanese yen from 154.16 yen. The euro slipped to USD 1.1579 from USD 1.1583. (AP) SKS SKS<BR> News - Press release - PIB....