Global stocks mixed as shock of Paris attacks fades

ASSOCIATED PRESS
BEIJING
Published 18.11.2015 23:49
Updated 13.12.2015 18:18

Global stocks were mixed Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. In early trading, France's CAC-40 lost 0.7 percent to 4,902.21 and Germany's DAX shed 0.5 percent to 10,915.27. On Tuesday, the DAX rose 2.4 percent, the CAC-40 jumped 2.8 percent and Britain's FTSE-100 added 2 percent. Wall Street looked set for losses, with futures for the Dow Jones industrial average and Standard & Poor's 500 index off 0.2 percent. On Tuesday, the Dow edged up 0.04 percent while the S&P lost 0.1 percent. The Nasdaq composite gained 0.03 percent. Tokyo's Nikkei 225 gained 0.1 percent to 19,649.18 and the Shanghai Composite Index fell 1 percent to 3,568.47. Sydney's S&P ASX/200 advanced 0.3 percent to 5,133.10 and Seoul's Kospi was unchanged at 1,962.88. Hong Kong's Hang Seng shed 0.3 percent to 22,188.26. Malaysia, Jakarta and New Zealand advanced. India's Sensex shed 1.3 percent to 25,530.18 and Singapore also declined. Investors restored calm in European markets following the Paris attacks that left 129 people dead. Travel and tourism stocks suffered but markets were unexpectedly resilient. German stocks were helped by a report showing business optimism rose in November. The data didn't fully reflect the Paris attacks, though the survey's authors say they did not appear to have had a significant impact.

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