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World shares mixed after Wall St gains on Fed chair comments

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By ELAINE KURTENBACH
AP Business Writer

BANGKOK (AP) — Shares have advanced in European trading after a mixed day in Asia. Trading on Istanbul’s stock exchange was suspended after the market benchmark sank more than 7% as Turkey struggled with the aftermath of a magnitude 7.8 earthquake that has killed more than 9,500 people. It was unclear when trading would resume. U.S. futures edged lower and oil prices climbed more than $1. On Tuesday, stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes.

Article Topic Follows: AP National Business

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