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Stock market today (June 3, 2024): World shares start June mostly higher following Wall St rally

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World shares began June mostly higher after a report showing that inflation in the U.S. is not worsening drove a rally on Wall Street. In early trading Monday, Germany's DAX advanced 1% to 18,728.00 and the CAC 40 in Paris climbed 0.6% to 8,040.94. Britain's FTSE 100 added 0.

World shares began June mostly higher after a report showing that inflation in the U.S. is not worsening drove a rally on Wall Street.

Friday’s report from the U.S. government also showed growth in consumer spending weakened by more than economists expected. Growth in incomes for Americans also slowed last month.

 

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