Home People Wall Street Gains As the US Slows, World Shares Rise

Wall Street Gains As the US Slows, World Shares Rise

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BANGKOK—World shares were mostly higher Monday following last week’s rally on Wall Street, where investors bet that slow U.S. wage gains may augur a cooling of the inflation that has led the Federal Reserve to hike interest rates.
In Europe, Germany’s DAX gained 0.3 percent to 14,647.16 and the CAC 40 in Paris edged less than a point higher, to

3,817.82. Britain’s FTSE 100 edged 0.1 percent lower to 7,691.05.
Gains in technology shares boosted benchmarks in Asia, where Japan’s markets were closed for a holiday.
E-commerce giant Alibaba’s Hong Kong-traded shares jumped 8.7 percent and technology and entertainment company Tencent’s climbed 3.6 percent….



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