Wednesday, April 6, 2011

World markets mixed amid Japan nuke progress

BANGKOK (AP) -- World markets struggled to find direction Wednesday, with uncertainty over Japan's industrial production capabilities overshadowing its progress in containing a toxic radiation leak at a nuclear power complex.

Oil prices hovered above $108 a barrel in Asia after a U.S. crude supply report gave mixed signals about demand. In currencies, the dollar rose against the yen but slipped against the euro.

European shares were mixed in early trading. Britain's FTSE 100 was 0.2 percent higher to 6,016.95. Germany's DAX fell 0.1 percent to 7,169.26 and France's CAC-40 was down 0.6 percent to 4,018.45. Wall Street was headed higher, however. Dow Jones industrial futures gained 22 points to 12,349 and S&P 500 futures rose 2.8 points to 1,329.50.

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