Stock market today: Global shares are mostly higher, while bitcoin has fallen back
Global shares have advanced, taking their cues from another Wall Street record rally, while bitcoin edged away from its record high
TOKYO — Global shares were mostly higher Thursday, taking their cues from another Wall Street record rally, as bitcoin traded above $100,000.
France's CAC 40 added 0.6% in early trading to 7,346.64 after the country's far-right and left-wing lawmakers joined together to vote on a no-confidence motion prompted by budget disputes that will force Prime Minister Michel Barnier and his Cabinet to resign.
Germany's DAX rose 0.4% to 20,303.05, while Britain's FTSE 100 edged up 0.1% to 8,346.63.
The future for the S&P 500 was up less than 0.1% while that for the Dow Jones Industrial Average was unchanged.
Bitcoin surged above $100,000 late Wednesday, U.S. time, after President-elect Donald Trump chose crypto advocate Paul Atkins as his nominee to head the Securities and Exchange Commission. The cryptocurrency has climbed dramatically from $69,374 on Nov. 5, Election Day.
Early Thursday, it was trading at 102,886, according to CoinDesk.
In Asian trading, South Korea's Kospi fell 0.9% to 2,441.85, extending a 1.4% decline the day before as President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night. He revoked the martial law declaration six hours later.
Yoon accepted his defense minister's resignation Thursday as opposition parties moved to impeach them both. The main opposition Democratic Party and other small opposition parties submitted a joint motion to impeach President Yoon Suk Yeol on Wednesday over his martial law declaration.
Japan's benchmark Nikkei 225 added 0.3% to finish at 39,395.60, while Australia's S&P/ASX 200 gained 0.2% to
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