World shares are mixed after US stocks retreat, while gold surges higher Updated 18 mins ago Shares have opened higher in Europe after retreating in Asia. The price of gold kept rising, while the Japanese yen fell against the dollar on expectations that Sanae Takaichi, the conservative lawmaker likely to become the next prime minister, will push to keep interest rates low. Japan's benchmark Nikkei 225 shed 0.5%. Markets in mainland China and South Korea were closed for holidays. U.S. futures and oil prices rose. On Tuesday, U.S. stocks sank to their first loss in eight days. The S&P 500 fell 0.4% from its all-time high. The Dow Jones Industrial Average lost 0.2%, and the Nasdaq composite gave up 0.7%.

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