World shares are mixed as strong corporate profits are offset by uncertainty over President Donald Trump’s trade war. U.S. futures were little changed and oil prices fell.
World shares were mixed on Wednesday as strong corporate profits were offset by uncertainty over President Donald Trump’s trade war.
The Eurozone logged 0.4% growth in the first quarter of the year, stronger than in the last quarter of 2024. But the outlook has been dimmed by higher tariffs on exports from the 20-nation region using the euro.
Germany’s DAX gained 0.4% to 22,531.16 after the country’s center-left Social Democrats voted to approve a coalition agreement. The vote’s results announced Wednesday pave the way to elect Friedrich Merz as the new German chancellor.
In Paris, the CAC 40 also rose 0.4%, to 7,586.37, while Britain’s FTSE 100 was little changed at 8,465.95.
The future for the S&P 500 edged 0.1% lower while that for the Dow Jones Industrial Average was up 0.1%.
In Asian trading, Tokyo’s Nikkei 225 index climbed 0.6% to 36,045.38.
Japanese automakers’ shares were mixed even after Trump signed an order relaxing some U.S. tariffs on imports of autos and auto parts.
Shares in Toyota Motor Corp. lost 1.6% while Honda Motor Co. gained 0.4%. Nissan Motor Co. lost 0.2%.
In Hong Kong, the Hang Seng rose 0.5% to 22,119.41, while the Shanghai Composite index slipped 0.
