Global shares have edged up driven by relief over the imminent end of the US government shutdown, though gains were tempered by nagging worries about valuations in the technology sector, while the dollar held firm.

European shares rose in early trading on Tuesday, led predominantly by gains in London's FTSE 100, which hit record highs as the pound fell following British employment data that gave investors more confidence in the chances of a growth-boosting rate cut from the Bank of England next month.

The US Senate passed a deal on Monday that would restore US federal funding after the longest shutdown on record. It will also release a raft of economic data, on anything from jobs to industrial production, which could inject some volatility into markets.

"Obviously, the shutdown isn't co

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