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Stock market today: Global shares mostly rise after Wall Street rally on consumer confidence

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Global shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.

A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug. 30, 2023. Asian shares rose Wednesday, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.– Global shares mostly rose Wednesday, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.

Australia's S&P/ASX 200 jumped 1.2% to 7,297.70 after the Australian Bureau of Statistics reported the monthly Consumer Price Index indicator rose 4.9% in the 12 months to July. The latest gains came as investors reviewed reports on consumer confidence and the labor market. The Conference Board, a business research group, reported that

 

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