World shares are mixed as traders pin hopes on a rate cut by the Fed

BANGKOK (AP) — World shares and U.S. futures were mixed on Monday after Wall Street was buoyed by revived hopes for an interest rate cut by the Federal Reserve. The future for the S&P 500 was up 0.2% while that for the Dow Jones Industrial Average was nearly unchanged. Germany's DAX gained 0.5% to 23,201.85, while the CAC 40 edged less than 0.1% lower to 7,978.77. Britain's FTSE 100 inched up 0.1% to 9,547.77. Markets in Japan were closed for a holiday. Hong Kong’s benchmark, the Hang Seng, rose 2% to ...