MANILA, Philippines (AP) — World shares are generally higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected.

The future for S&P 500 gained 0.2% while that for the Dow Jones Industrial Average went up 0.8%. Meanwhile, oil prices slipped.

In early European trading, Germany's Dax rose 0.4% to 24,479.85. Britain's FTSE 100 was down less than 0.1%. In Paris, the CAC 40 added 0.7% to 7,924.10.

China reported data showing its economy was feeling pressure from higher U.S. tariffs in July, while property investments fell further.

Retail sales rose 3.7% year-on-year, down from 4.8% in June, while investments in factory equipment and other fixed assets rose a meager 1.6%, c

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