World Shares up After 1st Republic Aid Spurs Wall Street Rally

World Shares up After 1st Republic Aid Spurs Wall Street Rally
Pedestrians pass the Dah Sing Bank's electronic screen in Hong Kong, on March 17, 2023. Louise Delmotte/AP Photo
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BANGKOK—Markets advanced Friday in Europe and Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the latest U.S. lender in the spotlight for troubles in the banking industry.

Shares rose in Paris, London, Tokyo, and Hong Kong but edged lower in Mumbai. U.S. futures edged higher, while oil prices gained.