
World shares were mostly higher on Wednesday as investors awaited Nvidia's quarterly profit report and an update on the U.S. economy. European markets saw gains, with Germany's DAX rising 1.3%, the CAC 40 in Paris jumping 1.1%, and Britain's FTSE 100 gaining 0.6%. Futures for the S&P 500 and Dow Jones Industrial Average were also up.
The U.S. Commerce Department was set to release its final estimate of the fourth-quarter 2024 U.S. economic performance. Despite recent weaker economic reports, the economy remains solid, although momentum has slowed.