Global shares rise as receding debt fears spur Wall St rally
TOKYO (AP) — Global shares rose Thursday, tracking a rally on Wall Street spurred by signs of progress on resolving the standoff in Congress over the federal debt ceiling.
France’s CAC 40 added 1.1% in early trading to 6,567.22, while Germany’s DAX was up 1.1% at 15,143.67. Britain’s FTSE 100 rose 0.8% to 7,051.44. The future for the Dow industrials gained 0.4% to 34,438.00. That for the S&P 500 was up 0.6% at 4,379.50.