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World stocks mixed ahead of key data on U.S. inflation

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World stocks were mixed Wednesday ahead of U.S. inflation data offering a glimpse at how the world's largest economy is recovering.

France's CAC 40 climbed 0.2% to 6,833.22, while the DAX in Germany added under 0.1% to 15,774.83. Britain's FTSE 100 picked up 0.4% to 7,185.83 in early trading.

Nasdaq futures fell 0.3% to 15,002.25. The index had finished Tuesday in the red, because of a pullback in technology stocks. "A higher-than-expected reading may suggest inflation being more persistent and increase the risk of an earlier tapering timeline from the Fed," said Jun Rong Yeap of IG. The Nikkei 225 in Tokyo rose 0.7% to 28,070.51 and the Shanghai Composite Index added 0.1% to 3,532.62 on Wednesday. The Kospi in Seoul, however, gave up 0.7% to 3,220.62.

 

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