Global shares are mostly up as markets anticipate the Fed's move on interest rates

"Global shares mostly rose Wednesday, echoing record rallies on Wall Street after the latest update on the job market bolstered hopes the U.S. Federal Reserve will cut interest rates.France's CAC 40 rose 0.8 in early trading to 7,809.80. Germany's DAX edged up 0.6% to 23,856.74. Britain's FTSE 100 rose 0.2% to 9,263.14. U.S. shares were set to be mixed with Dow futures down 0.1% at 45,700.00, while S&P 500 futures gained 0.3% at 6,537.75."

"Investors are also watching for the U.S. Federal Reserve possibly cutting its main interest rate for the first time this year at its next meeting in a week, in order to prop up the slowing job market. A report on Tuesday offered the latest signal of weakness, when the U.S. government said its prior count of jobs across the country through March may have been too high by 911,000, or 0.6%."

Global shares mostly rose, following strong rallies on Wall Street, with European indexes including France's CAC 40, Germany's DAX and Britain's FTSE 100 advancing. Asian markets climbed, led by gains in Japan, South Korea, Hong Kong and Australia, while U.S. futures were mixed. Markets remain uncertain over U.S.-China tariff issues as bilateral talks continue, with the U.S. imposing a 30% additional tariff on Chinese goods and China charging 10% under a de-escalation deal. A revised U.S. jobs count suggested prior payrolls may have been overstated by 911,000, reinforcing expectations the Federal Reserve may cut interest rates to support the economy.

Read at Fast Company