World shares are mostly lower ahead of a US inflation update

World shares are mostly lower ahead of a US inflation update Updated 4 mins ago European shares have opened lower following mixed trading in Asia as investors await a key U.S. inflation report. U.S. futures and oil prices slipped after gains in technology stocks on Wall Street helped propel U.S. stocks to another all-time high. Economists expect the U.S. personal consumption expenditures index to show inflation remained at about 2.6% in July. On Thursday, the S&P 500 rose 0.3% on Thursday to its second record in a row. The Dow Jones Industrial Average climbed 0.2%, eking out an all-time high of its own. The Nasdaq composite added 0.5%. The advances were driven largely by gains in huge tech companies including Broadcom, Alphabet and Amazon, even as many stocks fell.