Stock market today: Global shares mostly rise after Trump's talks with Putin

Tokyo, Feb 13 (AP) Global shares mostly rose Thursday after US President Donald Trump agreed with Russian leader Vladimir Putin to start talks about ending the war in Ukraine.

France's CAC 40 added 1.0 per cent in early trading to 8,122.96, while Germany's DAX jumped 1.2 per cent to 22,418.16. Britain's FTSE 100 declined 0.8 per cent to 22,418.16.

US shares were set to be little changed with Dow futures slipping less than 0.1 per cent to 44,442.00. S&P 500 futures declined were also little changed, inching down less than 0.1 per cent to 6,070.25.

The possibility that Trump may pause some of the tariffs he has announced was a cause for optimism in Asian markets.

The upswing came despite a decline on Wall Street on Wednesday after a report showed inflation is worsening for Americans.

Japan's benchmark Nikkei 225 jumped 1.3 per cent to finish at 39,461.47. Australia's S&P/ASX200 added nearly 0.1 per cent to 8,540.00. South Korea's Kospi gained 1.4 per cent to 2,583.17. The Hang Seng lost earlier gains to drop 0.2 per cent to 21,814.37, while the Shanghai Composite edged down 0.4 per cent to 3,332.48.

Oil prices continued an overnight decline that came after Trump said he had agreed with Russia's president to begin “negotiations” on ending the war in Ukraine. Such a move could free up the global movement of crude.

In energy trading, benchmark US crude fell 83 cents to USD 70.54 a barrel. Brent crude declined 84 cents to USD 74.34.

In currency trading, the US dollar fell to 154.00 Japanese Yen from 154.31 Yen. The Euro cost USD 1.0425, up from USD 1.0386. (AP) NPK NPK

Source: PTI