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World shares are mostly higher after US stocks rally on strong earnings

World shares were mostly higher on Wednesday after a broad Wall Street rally. Germany's DAX rose 0.5% to 25,423.64 and Britain's FTSE 100 gained 0.1% to 10,743.65. In Asia, Seoul's Kospi jumped 3.3% and Tokyo's Nikkei 225 rose 0.9% after Japan's exports climbed 16.7% in September from a year earlier, while Hong Kong's Hang Seng and the Shanghai Composite fell. On Tuesday, the S&P 500 added 0.3% and the Dow rose 1%, helped by Equifax (up 11.3%) and Hasbro (up 11.2%), while General Motors sank 6.8% despite a bigger profit and a plan to buy back up to $20 billion of stock. Brent crude climbed 1.1% to $109.95 a barrel early Wednesday, while worries over AI stocks and high interest rates continued to weigh on markets.

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