Global shares rose on Wednesday, powered by a rise in technology stocks after U.S. President Donald Trump announced mammoth spending plans for artificial intelligence infrastructure, while the dollar sagged to a two-week low as tariffs were delayed.

Global shares were mixed in a muted reaction Tuesday to the inauguration of U.S. President Donald Trump. France’s CAC 40 gained 0.1% to 7,739.02, while Germany’s DAX was flat at 20,988.89. Britain’s FTSE 100 gained 0.

Some analysts suggested that the inauguration could bring a sense of optimism to global markets, while others warned that the threat of higher tariffs might dampen sentiment

Global shares are mixed in a muted reaction to the inauguration of U.S. President Donald Trump, while U.S. futures have advanced