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World Shares Mixed as Investors Await US Inflation Figures

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World Shares Mixed as Investors Await US Inflation Figures


World shares were mixed on Wednesday as investors awaited the release of U.S. inflation data and upcoming corporate earnings. Stocks fell in Paris, London, Tokyo, and Sydney but rose in Shanghai and Frankfurt. Prices for oil and other energy have surged recently along with costs of other commodities. Shortages of semiconductors have meanwhile slowed output of many high-value industrial goods such as cars and consumer electronics. The U.S. Labor Department is due to release its Consumer Price Index for September later Wednesday. It is a gauge of how inflation is pressuring costs for consumers. Additional information on inflation pressures for businesses will come Thursday when the Labor Department releases its Producer Price Index. Investors will get look at how rising prices may be affecting consumer spending when the Commerce Department releases its retail sales report for September on Friday. Germany’s DAX gained 0.3 percent to 15,197.28 while the CAC 40 …

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