TOKYO—Global shares were mostly lower Thursday as investors grew cautious after Wall Street’s biggest pullback of the year.
France’s CAC 40 lost 0.4 percent in early trading to 7,052.61, while Germany’s DAX edged down 0.5 percent to 15,106.21. Britain’s FTSE 100 fell nearly 0.6 percent to 7,787.49. The future for the Dow Jones Industrial Average was 0.4 percent lower while that for the S&P 500 declined 0.3 percent.
Japan reported its trade deficit more than doubled in December from a year earlier, to 1.4 trillion yen ($11.3 billion), while the total deficit for all of 2022 ballooned to nearly 20 trillion yen ($156 billion) as the yen weakened and soaring costs for oil and other imports far outpaced an 18 percent increase in exports….