Shares were mostly higher Monday in Europe and Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks.
Germany's DAX gained 0.4% to 15,644.08 and the CAC 40 in Paris was up 0.7% at 7,397.31. London's FTSE 100 edged 0.1% lower to 7,941.38. The future for the S&P 500 gained 0.2% while that for the Dow Jones Industrial Average was up 0.2%.
At the annual session of China's rubberstamp legislature, the government set this year's economic growth target at "around 5% " as it tries to rebuild business activity following the end of anti-virus controls that kept millions of people at home. Tokyo's Nikkei 225 gained 1.1% to 28,237.78 and the Kospi in Seoul added 1.3% to 2,462.62. The S&P/ASX 200 in Australia added 0.6% to 7,328.60. India's Sensex climbed 0.9% to 60,324.58 and shares rose in Taiwan. Thailand's markets were closed for a national holiday.
Last month, stocks fell after reports on the economy came in hotter than expected. They included data on the jobs market, consumer spending and inflation itself at multiple levels.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Globe editorial: Breaking down the blue wall of police silenceA Globe and Mail investigation highlights a lack of police co-operation in cases involving deaths
Read more »
New street safety app links lone female walkers in Edmonton | CBC NewsThe app, which is called A Safer Walk, pairs women with other women who plan to walk in the same direction.
Read more »
Newfoundland Salt Company shares flavours of province
Read more »
Chris Pine Shares Hilarious Comment That Made Him Cut His Long HairOver the last year, Chris Pine's hair has been on quite the journey. While the actor enjoyed having long blond-streaked locks for the first half of 2022, more notably at the Venice Film Festival while promoting his movie 'Don’t Worry Darling', a certain comment made him want to chop it off. “I thought I was…
Read more »
Vancouver coffee shop shares photos of two 'surprise guests' who stopped by this week'You really never know who’s going to walk in the door for a coffee!'
Read more »