Stock market today: Global shares rise, cheered by last week’s tech rally on Wall Street [Video]

TOKYO – Global shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were on the Federal Reserve policy meeting set for later this week.

France’s CAC 40 added 0.3% in early trading to 8,109.22, while Germany’s DAX edged up 0.2% to 18,198.89. Britain’s FTSE 100 gained 0.5% to 8,176.36. U.S. shares were set to drift higher with S&P 500 futures up 0.2% at 5,144.00. Dow futures rose 0.2% to 38,509.00.

Sydney’s S&P/ASX 200 added 0.8% to 7,637.40. South Korea’s Kospi surged 1.2% to 2,687.44. Hong Kong’s Hang Seng edged up 0.5% to 17,746.91, while the Shanghai Composite rose 0.8% to 3,113.04.

Trading was closed in Tokyo for a holiday, Showa Day. Japan has a series of holidays coming up known as the Golden Week, through Monday.

Stephen Innes, managing partner at SPI Asset Management, said the market mood was positive after …