Markets worldwide are mixed as traders place hopes on a rate cut by the Fed

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 25,716.50. ...