Shares are higher in Europe after a mixed day of sparse trading in Asia, where many markets were closed for public holidays.
– Shares advanced in Europe on Friday after a day of mixed and sparse trading in Asia, where many markets were closed for public holidays.Crude oil prices are hovering near their highest levels this year, adding to the inflationary pressures that are a factor behind the Federal Reserve’s intention to keep interest rates high. The likelihood of a U.S. federalGermany's DAX rose 0.8% to 15,438.45 and the CAC 40 in Paris also added 0.8% to 7,176.34. London's FTSE 100 was up 0.7% at 7,655.90.
In Asian trading Friday, Tokyo's Nikkei 225 index lost 0.1% to 31,857.62. Australia's S&P/ASX 200 added 0.3% to 7,048.60. India's Sensex gained 0.9%, while in Bangkok the SET declined 0.1%.China Evergrande, the world’s most heavily indebted real estate developer, said in a notice to the Hong Kong Stock Exchange that its shares woulduntil further notice after they plunged nearly 20% on Wednesday and were suspended from trading as of Thursday.U.S.
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