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

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.

Venture Global Inc. slashed the marketed range for its initial public offering, lowering the market value it could fetch.

Venture Global LNG was forced to nearly halve the valuation it is seeking in its U.S. initial public offering (IPO) after investors balked at the company's estimated long-term profit for liquefying gas for export,