Stock Market Today: Global Shares Mostly Rise Despite Worries About US Debt Talks

A currency stretches near the screens showing the Korea Composite Stock Price Index (KOSPI), (C), and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, on May 22, 2023. Lee Jin-man/AP Photo

TOKYO—Global shares mostly drifted higher Monday as investors fretted over whether the United States government will be able to reach a deal to avoid a federal default.

France’s CAC 40 inched down less than 0.1 percent in early trading to 7,489.72, while Germany’s DAX slipped 0.1 percent to 16,261.45. Britain’s FTSE 100 gained 0.3 percent to 7,780.30. U.S. shares drifted higher with Dow futures up less than 0.1 percent at 33,512.00. S&P 500 futures rose less than 0.1 percent to 4,206.00.