Global Shares Mixed Tuesday 09/19 06:13
Global shares were mixed Tuesday, as investors awaited comments from the
U.S. Federal Reserve, but Japan's benchmark rose on optimism over a weak yen
and a record finish on Wall Street.
TOKYO (AP) -- Global shares were mixed Tuesday, as investors awaited
comments from the U.S. Federal Reserve, but Japan's benchmark rose on optimism
over a weak yen and a record finish on Wall Street.
KEEPING SCORE: France's CAC 40 inched down less than 0.1 percent in early
trading to 5,227.91. Germany's DAX slipped 0.1 percent to 12,541.67. But
Britain's FTSE 100 added 0.2 percent to 7,269.87. U.S. shares were set to be
little changed with Dow futures inching up less than 0.1 percent to 22,305. S&P
500 futures were virtually unchanged at 2,502.40.
ASIA'S DAY: Japan's benchmark Nikkei 225 added nearly 2.0 percent to finish
at 20,299.38, coming off a national holiday on Monday. Australia's S&P/ASX 200
edged down 0.1 percent to 5,713.60. South Korea's Kospi lost nearly 0.1 percent
to 2,416.05. Hong Kong's Hang Seng fell nearly 0.4 percent to 28,051.41, while
the Shanghai Composite dipped 0.2 percent to 3,356.84.
WALL STREET: The S&P 500 index rose 3.64 points, or 0.1 percent, to
2,503.87. The Dow gained 63.01 points, or 0.3 percent, to 22,331.35. Both
indexes closed at new record highs as the market extended gains from last week.
THE QUOTE: "So what could whisk the rug from under optimistic investors'
feet? Not much today, though as we noted yesterday, this happier more stable
backdrop brings central banks back into play," said Rob Carnell, head of
research in Asia of ING.
THE FED: Investors were looking ahead to the two-day policy meeting of the
U.S. Federal Reserve which begins Tuesday. Forecasters expect the Fed to leave
interest rates unchanged and stick to plans to raise rates in December. But
traders will be listening for any indications the central bank could move
ENERGY: Benchmark U.S. crude rose 24 cents to $50.15 a barrel. It rose 2
cents to $49.91 a barrel on the New York Mercantile Exchange on Monday. Brent
crude, used to price international oils, gained 16 cents to $55.64 a barrel in
CURRENCIES: The dollar rose to 111.58 yen from 111.39 late Monday. The euro
strengthened to $1.1985 from $1.1945.