Global Shares Mixed Amid Cautious Relief Over US-China Agreement

Tokyo: Global shares were mostly higher Wednesday as a cautious sense of relief spread through regional markets after the US and China agreed to a 90-day pause in their trade war.

France’s CAC 40 slipped 0.5 per cent in early trading to 7,835.89, while Germany’s DAX inched down 0.1 per cent to 23,593.92. Britain’s FTSE 100 edged 0.1 per cent lower to 8,596.66. The future for the Dow futures was up 0.1 per cent, while that for the S&P 500 rose less than 0.1 per cent. In Asian trading, Chinese markets rallied on expectations of another rush in export orders during the 90-day grace period for China-US tariffs.