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.

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

Trump's administration is considering imposing 25 per cent tariffs on imports from Canada and Mexico by February 1.

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.

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