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World shares mostly advance and oil prices dip after Israel and Hamas agree to pause fighting

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European shares were mixed in early trading while most Asian stocks rose on Thursday after U.S. stocks hit records again following a brief stumble.

The futures for S&P 500 and the Dow Jones Industrial Average were both up less than 0.1%, while markets in mainland China gained more than 1% as they reopened following a weeklong holiday.

In early European trading, Germany’s Dax added 0.2% to 24,634.96 while France’s CAC 40 was almost flat at 8,062.13. Britain’s FTSE 100 fell 0.4% to 9,507.00 as sentiments were weighed by banking and housing stocks.

Oil prices fell back, then slightly recovered after Israel and Hamas agreed Wednesday to pause fighting in Gaza so that the remaining hostages there can be freed in the coming days in exchange for Palestinian prisoners.

Read more from Associated Press.

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