London — Shares rose around the world on Friday as expectations grew that the US and China will open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite. The MSCI All-Country World index, which tracks shares in 47 countries, was up 0.5% on the day after the start of trade in Europe. Led by technology and autos stocks, the pan-European Stoxx 600 index rose 0.5%, set for its best weekly gains in seven weeks. Tech stocks rose 0.7% after Apple gained on Wall Street following Europe’s close. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.2%. Australian shares were up 0.6%, Seoul’s Kospi rose 1.4% and Hong Kong’s Hang Seng gained 1%. Japan’s Nikkei stock index was 1.2% higher. Those rises followed gains on Wall Street on Thursday, with the Dow Jones Industrial Average ending 0.57% higher, the S&P 500 gaining 0.53% and the Nasdaq Composite adding 0.75%. Chinese shares fell, despite a short-lived bump from data that showed ...
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