Global shares trade mixed as markets eye Fed decision

Global shares trade mixed as markets eye Fed decision Updated 25 mins ago Global shares are trading mixed as markets look ahead to a possible U.S. Federal Reserve interest rate cut later this week. Benchmarks rose early Monday in France and Germany, while falling in Britain. U.S. shares were set to drift higher with Dow futures gaining. In Asia, shares finished higher in Hong Kong and South Korea, while declining in Shanghai and Australia. Japan's market was closed Monday for a holiday. Worries are simmering about China’s economy, as analysts say the data for August aren’t strong enough to reflect ongoing dynamic growth. Retail sales there rose by 3.4%, while factory output went up by 5.2%.