Global shares were mostly higher Friday after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates.
People walk in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, Jan. 6, 2023, in Tokyo. Asian shares were mostly higher Friday after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates. –
France's CAC 40 edged up nearly 0.1% to 6,766.79 in early trading and Britain's FTSE 100 was up 0.2% at 7,647.10.in November compared with the previous month, on a sharp drop in foreign demand. New orders, an important indicator for Europe’s biggest economy, fell for the third time in four months following a 0.6% uptick in October.
The strong labor market reports set the stage for the release on Friday of the Labor Department’s snapshot of hiring in December. In Asian trading, Japan's benchmark Nikkei 225 rose 0.6% to finish at 25,973.85. Australia's S&P/ASX 200 added 0.7% to 7,109.60. South Korea's Kospi gained 1.1% to 2,289.97. Hong Kong's Hang Seng erased earlier gains, edging 0.3% lower to 20,991.64. The Shanghai Composite rose nearly 0.1% to 3,157.64.
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