TOKYO (AP) — Global shares mostly rose Wednesday as investors kept an eye on talks over reopening the Strait of Hormuz, which remains largely closed because of the war in Iran. The global interest in artificial intelligence supported buying of tech shares, but markets have generally moved in a narrow range ahead of Nvidia’s release of its earnings report later in the day. The chipmaking giant’s results could have a big impact on confidence in the sustainability of the boom in AI investments.Falling crude prices also brightened investor sentiment in oil-importing nations like Japan, which imports virtually all its oil. France’s CAC 40 gained 0.5% in early trading to 8,478.57, while the German DAX was little changed at 26,257.35. Britain’s FTSE 100 inched up less than 0.1% to 10,881.69. The future for the S&P 500 was nearly unchanged, while that for the Dow Jones Industrial Average edged 0.1% higher.
In Asia, Japan’s benchmark Nikkei 225 rose 0.6% to 66,262.16 and South Korea’s Kospi jumped nearly 1.0% to 6,808.21. In Hong Kong, the Hang Seng gained 0.6% to 25,652.97, while the Shanghai Composite picked up 0.6% to 3,912.52. Australia’s S&P/ASX 200 dipped 0.4% to 9,127.80.
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