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European Shares Open Higher After Mixed Trading Session In Asia

A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thu

European shares opened higher on Thursday following a mixed trading session in Asia and another record close for the S&P 500. Germany's DAX rose by 0.1% to 18,500.63, while in Paris, the CAC 40 gained 0.4% to 8,240.07. London's FTSE 100 was up 0.3% at 7,957.26. The future for the S&P 500 was 0.1% lower, and the Dow Jones Industrial Average was relatively unchanged.

The dollar remained strong against the Japanese yen and Chinese yuan, causing concerns for regulators in Tokyo and Beijing. The dollar rose to 151.45 yen from 151.30 yen, while the euro slipped to $1.0803 from $1.0828. Japanese officials expressed a desire for stability in exchange rates as the yen showed vulnerability.

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