BANGKOK—Shares advanced in Europe after a mixed session Thursday in Asia as uncertainty persists over interest rates and inflation.
Benchmarks rose in Paris, London, Shanghai, and Hong Kong but fell in Tokyo, Seoul, and Sydney. U.S. futures gained while oil prices also were higher.
Germany’s DAX added 1.4 percent to 15,621.11 and the CAC 40 in Paris was up 1.4 percent at 7,220.36. Britain’s FTSE 100 gained 0.7 percent to 7,942.45. The future for the S&P 500 surged 0.8 percent and that for the Dow Jones Industrial Average was 0.7 percent higher.
Wall Street retreated Wednesday following a set of mixed earnings reports. The pullback also followed comments Tuesday by Federal Reserve Chair Jerome Powell, who signaled that an exceptionally strong U.S. jobs report last Friday would not oblige the central bank to return to a more aggressive stance on raising interest rates to tame inflation….