BANGKOK (AP) — World shares were mixed Friday after a modest retreat on Wall Street, while the price of Brent crude gained more than 1%. In early European trading, Germany’s DAX rose 0.4% to 26,253.77, while the CAC 40 in Paris edged 0.2% higher to 8,715.47.Britain’s FTSE 100 was up 0.1% at 10,879.57.The future for the S&P 500 rose 0.1% while that for the Dow Jones Industrial Average slipped 0.1%. Selling of computer chipmakers and other stocks linked to the boom in artificial intelligence appeared to taper off a bit as Tokyo’s Nikkei 225 lost 0.1% to 65,606.71.The Kospi in South Korea dropped 0.6% to 6,258.77 and Taiwan’s Taiex fell 0.4%.The Shanghai Composite index gained 1% to 3,940.04 after China reported its exports grew at a slightly slower but still robust pace of about 24% in July on strong demand for electronics and other high-tech products. China’s huge trade surplus narrowed last month and imports also slowed.
Hong Kong’s Hang Seng picked up 0.5% to 25,668.03. In Australia, the S&P/ASX 200 slipped less than 0.1%, to 9,263.60. On Thursday, stocks declined on Wall Street as oil prices rose and more company earnings reports rolled in. The S&P 500 fell 0.2% and the Dow industrials fell 0.9%. The Nasdaq composite fell 0.1%.
