BANGKOK (AP) — World stocks rose Wednesday as Japan‘s powerhouse exporters got a boost from hopes of new moves to weaken the yen while a deal appeared within reach between Greece and its creditors to cut the country’s massive debt load.
Benchmark oil rose above $99 per barrel. The dollar fell against the euro but was higher against the yen.
European shares opened higher, following a rally in Asia. Britain’s FTSE 100 gained 0.4 percent to 5,911.84 while Germany’s DAX added 0.9 percent to 6,816.39. France’s CAC-40 rose 0.4 percent to 3,425.06.
In New York, stocks were set to rise ahead of the opening bell, with Dow Jones industrial futures gaining 0.3 percent to 12,866 while SP 500 futures added 0.2 percent to 1,347.70.
Earlier in the day,
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