World shares are mostly higher after Big Tech losses pull Wall St lower - MarketWatch

1. DAX rose 0.7% amidst mixed Asian market performances. 2. U.S. economy expanded 2.8% annually; driven by strong consumer spending. 3. Inflation rate increased to 2.3%, affecting consumer sentiment and spending. 4. Russia's ruble fell sharply, indicating potential geopolitical risks. 5. Fed's interest rate cuts may influence European markets indirectly.