Stock Market Today: Global Shares Rise Ahead of US Inflation Update on Hopes for Easing Rate Hikes

A person rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo on July 11, 2023. Eugene Hoshiko/AP Photo

BEIJING—Global stock markets rose Tuesday ahead of a U.S. inflation update traders hope will show the need for more interest rate hikes is easing.

Paris, Shanghai, Frankfurt, and Tokyo advanced. Wall Street futures were little-changed. Oil prices rose.