HONG KONG (AP) — World shares were mostly higher on Wednesday after tumbling Big Tech stocks dragged Wall Street to its worst day in three weeks.
Most major markets logged gains, though Shanghai edged lower and Tokyo’s benchmark was flat. Oil prices advanced.
Germany’s DAX added 0.1% to 17,718.00 and the CAC 40 in Paris gained 0.2% at 7,945.82.
Britain’s FTSE 100 was 0.2% higher to 7,663.94. Later in the day, Finance Minister Jeremy Hunt was to deliver the Spring Budget. It is the last budget proposal before an election, and signals suggested tax cuts may be a key highlight.
The future for the S&P 500 was up 0.3% and that for the Dow Jones Industrial Average rose 0.2%.
In Asian trading, Japan’s Nikkei 225 index was virtually flat at 40,090.78.
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