BANGKOK -- World shares were mixed ahead of U.S.President Donald Trump’s meeting later Monday with Ukrainian President Volodymyr Zelenskyy and other European leaders.
Markets showed scant reaction to Trump’s inconclusive summit meeting with Russian President Vladimir Putin on Friday.Investors are also watching for cues from an annual meeting in Jackson Hole, Wyoming, of top central bankers later this week.In early European trading, Germany's DAX lost 0.2% to 24,303.26, while the CAC 40 in Paris dropped 0.5% to 7,881.74.
Britain's FTSE 100 was little changed at 9,137.31.The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% lower.During Asia's day, Japan's Nikkei 225 gained 0.8% to 43.714.31.The Hang Seng in Hong Kong gave up early gains, losing 0.4% to close at 25,176.85.
The Shanghai Composite index jumped 1% to 3,732.44.It's trading near it's highest level in a decade.
Australia's S&P/ASX 200 picked up 0.2% to 8,959.30.The Kospi in South Korea declined 1.5% to 3,177.28 on heavy selling of semiconductor makers like Samsung Electronics, whose shares fell 2.2%.SK Hynix lost 3.3% as investors fretted over the possibility of more U.S.
tariffs on computer chips.Trump's meeting with Zelenskyy will include other European leaders who were not included in the president's talks in Anchorage, Alaska, with Putin.
The European allies are seeking to present a united front in safeguarding Ukraine and the continent from any widening aggression from Moscow.An annual meeting in Jackson Hole, Wyoming, of top central bankers later this week will be watched closely for hints about possible interest rate cuts from Federal Reserve chair Jerome Powell.
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