World shares are mixed, tracking Wall Street’s winning streak, as US markets close for Thanksgiving

World shares are mixed, tracking Wall Street’s winning streak, as US markets close for Thanksgiving

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MANILA, Philippines — Shares in Europe are mixed following gains in most Asian markets.

The futures for the S&P 500 and the Dow Jones Industrial Average were nearly unchanged ahead of Thursday’s Thanksgiving holiday.

In early European trading, Germany’s DAX climbed 0.2% to 23,781.53. Britain’s FTSE 100 slid 0.2% to 9,677.14, while the CAC 40 in Paris was down less than 0.1% at 8,096.41.

Most Asian markets advanced. Japan’s Nikkei 225 added 1.2% to 50,167.10 as investors bet that the Federal Reserve will cut interest rates at its Dec. 10 meeting.

The Japanese government reportedly plans to issue 11 trillion yen ($70.5 billion) in new bonds to fund its economic package. Tech-related stocks advanced, with SoftBank Group jumping 3.6% and Kioxia Holdings up 7.9% following a nearly 15% rout the day before.

In Chinese markets, Hong Kong’s Hang Seng index picked up nearly 0.1% to 25,945.93, while the Shanghai Composite index climbed 0.3% to 3,875.26.

Gains were tempered by data that showed profits for the first ten months of 2025 at major Chinese industrial firms rose a lackluster 1.9% year-on-year, down from 3.2%

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