TOKYO—Global shares were mostly lower on Friday after Wall Street retreated for a second day as market watchers considered earnings reports and various indicators about whether inflation is waning in the U.S. and elsewhere.
France’s CAC 40 lost 0.3 percent in early trading to 7,169.30, while Germany’s DAX shed 0.4 percent to 15,455.07. Britain’s FTSE 100 fell 0.2 percent to 7,893.92. The future for the Dow Jones Industrial Average edged up less than 0.1 percent to 33,760.00. The S&P 500 future gained 0.1 percent to 33,769.00.
China reported that its consumer inflation rate ticked up last month as demand revived due to the lifting of pandemic restrictions and travel and spending connected with the Lunar New Year, the country’s biggest holiday….