Global shares mostly rise as oil prices fall and hope grows for AI

Global shares mostly rose Wednesday as investors kept an eye on talks over reopening the Strait of Hormuz, which remains largely closed because of the war in Iran. The global interest in artificial intelligence supported buying of tech shares, but markets have generally moved in a narrow range ahead of Nvidia’s release of its earnings report later in the day. Falling crude prices also brightened investor sentiment in oil-importing nations like Japan, which imports virtually all its oil.