BANGKOK (AP) — World shares were mixed on Monday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way.

European markets opened lower, with Germany's DAX down 0.2% at 24,305.67, while the CAC 40 in Paris lost 0.6% to 7,918.34. Britain's markets were closed for a holiday.

The futures for the S&P 500 and the Dow Jones Industrial Average were down 0.2%.

On Friday, stocks on Wall Street rallied after Fed chair Jerome Powell said in a speech to an annual conference in Jackson Hole, Wyoming, that he's seen risks for the job market. That followed a surprisingly weak report on job growth this month that has led many traders to expect a rate cut as soon as the Fed's next meeting in September, after months of pressure from President Donald Trump for lower rate

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