Global Stocks Edge Up on Rate Cut Hopes, Solid Economic Data
• Global shares mostly rose amid expectations for more U.S. interest rate cuts • France's CAC 40 and Germany's DAX edged up in early trading • Analysts say Taiwan Semiconductor Manufacturing Co’s facilities may get quicker relief after earthquake • Traders took comfort in weaker-than-expected U.S. services purchasing managers index overnight • Share prices got a lift from a report that Japanese wage increases continued to be solid, averaging over 5%