Global Shares Mostly Higher Tuesday

TOKYO (AP) -- Global shares were mostly higher Tuesday, tracking an overnight rally on Wall Street, where indexes set fresh record highs. But some benchmarks were lower, and the South Korean and Shanghai markets were closed for national holidays.

KEEPING SCORE: France's CAC 40 edged up nearly 0.2 percent in early trading to 5,359.10, while Germany's DAX added 0.6 percent to 12,902.65. Britain's FTSE 100 was nearly unchanged at 7,435.22. U.S. shares were set to drift higher with Dow futures up 0.2 percent at 22,542, and S&P 500 futures up 0.1 percent at 2,528.30.

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ASIA'S DAY: Japan's benchmark Nikkei 225 jumped 1.1 percent to finish at 20,614.07 as the yen weakened against the U.S. dollar, boosting exporters' shares. Hong Kong's Hang Seng added 2.3 percent to 28,179.07. Australia's S&P/ASX 200 lost 0.5 percent to 5,701.40. India's Sensex gained 0.7 percent to 31,486.65 and shares in Southeast Asia were mixed.

THE QUOTE: "In terms of overnight drivers to consider, on one hand, we saw the U.S. September ISM manufacturing print coming in at 60.8, where you have to go back to May 2004 to find a similar pace of expansion in US manufacturing," Chris Weston of IG said in a commentary.

ENERGY: Benchmark U.S. crude inched up 2 cents to $50.50 a barrel in electronic trading on the New York Mercantile Exchange. It lost $1.09, or 2.1 percent, to $50.58 a barrel overnight in New York. Brent crude, the standard for international oil prices, rose 9 cents to $56.21 a barrel in London.

LAS VEGAS: In the U.S., MGM Resorts stock fell after a man shot and killed at least 59 people and wounded more than 500 at a concert at MGM's Mandalay Bay Hotel and Casino in Las Vegas. It was the deadliest mass shootings in U.S. history. Police say the shooter was 64-year-old Stephen Paddock and that he shot and killed himself inside the hotel.

CURRENCIES: The dollar rose to 113.11 yen from 112.87 yen late Monday in Asia. The euro fell to $1.1738 from $1.1733.

(BE)

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