Global shares mixed after US break, investors eye Fed notes

A man uses a smartphone in front of an electronic stock indicator of a securities firm in Tokyo, Tuesday, Feb. 20, 2018. Asian shares were mostly lower Tuesday after a U.S. holiday and attention turned to the U.S. Federal Reserve. (AP Photo/Shizuo Kambayashi)
A man walks past an electronic stock indicator of a securities firm in Tokyo, Tuesday, Feb. 20, 2018. Asian shares were mostly lower Tuesday after a U.S. holiday and attention turned to the U.S. Federal Reserve. (AP Photo/Shizuo Kambayashi)
People wait to cross a street in front of an electronic stock indicator of a securities firm in Tokyo, Tuesday, Feb. 20, 2018. Asian shares were mostly lower Tuesday after a U.S. holiday and attention turned to the U.S. Federal Reserve. (AP Photo/Shizuo Kambayashi)
People wait to cross a street in front of an electronic stock indicator of a securities firm in Tokyo, Tuesday, Feb. 20, 2018. Asian shares were mostly lower Tuesday after a U.S. holiday and attention turned to the U.S. Federal Reserve. (AP Photo/Shizuo Kambayashi)
A woman walks past an electronic stock indicator of a securities firm in Tokyo, Tuesday, Feb. 20, 2018. Asian shares were mostly lower Tuesday after a U.S. holiday and attention turned to the U.S. Federal Reserve. (AP Photo/Shizuo Kambayashi)

TOKYO — Global stocks were mixed Tuesday after a U.S. holiday, with investors awaiting the release later in the day of minutes from the latest meeting of the U.S. Federal Reserve.

KEEPING SCORE: France's CAC 40 gained 0.1 percent to 5,261, while Germany's DAX was up 0.1 percent to 12,401. Britain's FTSE 100 slipped 0.2 percent to 7,232. U.S. shares were set to drift lower, with Dow and S&P 500 futures down 0.7 percent.

CENTRAL BANKS: Minutes are expected later Tuesday from the latest Federal Reserve meeting. "The Fed's sequence of interest rate normalization should be the markets' key focus this week and the primary drivers of near-term volatility," says Stephen Innes, head of trading at OANDA.

CORPORATE DEAL: Albertsons Companies is offering either a share of its stock and $1.83 in cash or slightly more than a share for every 10 shares of Rite Aid. A deal value was not disclosed Tuesday by the companies. Shares of Rite Aid, which have shed more than half their value over the past year, jumped 40 cents, or 18.8 percent, in premarket trading after the deal was announced.

ASIA'S DAY: Japan's benchmark Nikkei 225 lost 1.0 percent to finish at 21,925.10. Australia's S&P/ASX 200 was virtually unchanged, inching down to 5,940.90. South Korea's Kospi lost 1.1 percent to 2,415.12. Hong Kong's Hang Seng fell 0.8 percent at 30,873.63. Shares were mixed in Southeast Asia, while markets in mainland China were still closed for lunar new year holidays.

ENERGY: Benchmark U.S. crude added 33 cents to $62.01 per barrel. Brent crude, used to price international oils, was down 58 cents at $65.09 a barrel.

CURRENCIES: The euro slipped to $1.2343 from $1.2408. The dollar rose to 107.14 yen from 106.57 yen.

____

Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama

Her work can be found at https://www.apnews.com/search/yuri%20kageyama

You may also interested in

China imports grow in August for 1st time in 2...

Sep 8, 2016

China trade showed unexpected strength in August in a positive sign for global economic growth

Tesla's Autopilot system under scrutiny in fatal...

Sep 15, 2016

Tesla faces new scrutiny in China about its vehicle Autopilot system after state television...

China plans 30,000-km high speed rail network by...

Dec 29, 2016

The Chinese government is planning to expand the country's high-speed rail network to 30,000...

Asian shares mixed as investors consider latest...

Jan 5, 2017

Asian stock indexes mixed as investors assess latest Fed meeting minutes; Japan shares slip as yen...

Chinese factory makes giant inflatable...

Jan 13, 2017

A Chinese factory has been doing a brisk business selling giant inflatable roosters, some as tall...

About Us

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.

Contact us: sales[at]frontalreport.com

Subscribe Now!