Global Markets Cautious After Strong US Growth and Cooling Inflation
• Global shares mixed after solid U.S. economic growth in Q4 2023 • Japan's Nikkei fell as inflation slowed faster than expected, reducing pressure for BOJ to tighten policy • Upbeat data raises hopes Fed may start cutting rates this year, boosting investments • Wall Street extended records with S&P 500 gaining 0.4% on strong GDP growth and cooling inflation • Oil prices declined slightly; dollar rose vs yen and euro dipped