World shares advanced on Wednesday, tracking Wall Street gains as markets there reopened for what’s expected to be a quiet, holiday-shortened week of trading.
The future contract for the S&P 500 added less than 0.1% while that for the Dow Jones Industrial Average edged 0.1% lower.
European shares opened steady in the first trading day after the holiday. Germany’s DAX added 0.3% to 16,754.87. In Paris, the CAC 40 gained 0.4% to 7,597.52. Britain’s FTSE 100 was up 0.7% to 7,749.36.
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Tokyo’s Nikkei 225 index added 1.2% to 33,681.24 as details of a policy meeting by the Bank of Japan showed officials divided about the timing and need to shift away from the central bank’s longstanding lax monetary policy..
NetEase’s Hong Kong-traded shares gained 11.9%, after its Nasdaq-listed stock added 5.2% on Tuesday. Tencent’s were up 4.0% in Hong Kong and Bilibili added 6.7%.
The Kospi in Seoul was up 0.4% to 2,613.50. In Sydney, the S&P/ASX 200 was 0.8% higher at 7,561.20.
Bangkok’s SET dropped less than 0.1% and the Sensex in Mumbai climbed 0.5%.
Tuesday on Wall Street, the S&P 500 rose 0.4% to 4,774.75, finishing less than 0.5% below its all-time high set nearly two years ago. The benchmark index is coming off eight straight weekly gains, its longest winning streak since 2017.
The U.S. dollar rose to 142.53 Japanese yen from 142.38 yen. The euro rose to $1.1049 from $1.1044.
