
Global shares were trading mixed Wednesday as Germany reported its factory orders surged in February, posting their third successive increase in another promising sign for Europe’s biggest economy.
The German Economy Ministry said orders were up 4.8% compared with January, the biggest rise since mid-2021. That followed gains of 1.9% in December and 0.5% in January, and was supported primarily by stronger demand from Germany itself and other countries in the 20-nation eurozone.