World shares rise, buoyed by hopes for more trade deal after the US-Japan tariff pact

World shares are higher, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals. On Wednesday, U.S. stocks rose to more records following the US-Japan trade deal. U.S. futures were mixed, while oil prices advanced. The European Central Bank was due to decide on interest rates, with analysts expecting it to stand pat while it waits to see the impact of higher U.S. tariffs. EU leaders were in China for talks on trade and other issues. On Wednesday, the S&P 500 climbed 0.8%, setting another all-time high. The Dow Jones Industrial Average jumped 1.1% and the Nasdaq composite gained 0.6% to hit its own record.