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Sep 19, 5:51 AM EDT

Global shares mixed but Nikkei rises on yen, muted elsewhere

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AP Photo/Shizuo Kambayashi

TOKYO (AP) -- Global shares were mixed Tuesday, as investors awaited comments from the U.S. Federal Reserve, but Japan's benchmark rose on optimism over a weak yen and a record finish on Wall Street.

KEEPING SCORE: France's CAC 40 inched down less than 0.1 percent in early trading to 5,227.91. Germany's DAX slipped 0.1 percent to 12,541.67. But Britain's FTSE 100 added 0.2 percent to 7,269.87. U.S. shares were set to be little changed with Dow futures inching up less than 0.1 percent to 22,305. S&P 500 futures were virtually unchanged at 2,502.40.

ASIA'S DAY: Japan's benchmark Nikkei 225 added nearly 2.0 percent to finish at 20,299.38, coming off a national holiday on Monday. Australia's S&P/ASX 200 edged down 0.1 percent to 5,713.60. South Korea's Kospi lost nearly 0.1 percent to 2,416.05. Hong Kong's Hang Seng fell nearly 0.4 percent to 28,051.41, while the Shanghai Composite dipped 0.2 percent to 3,356.84.

WALL STREET: The S&P 500 index rose 3.64 points, or 0.1 percent, to 2,503.87. The Dow gained 63.01 points, or 0.3 percent, to 22,331.35. Both indexes closed at new record highs as the market extended gains from last week.

THE QUOTE: "So what could whisk the rug from under optimistic investors' feet? Not much today, though as we noted yesterday, this happier more stable backdrop brings central banks back into play," said Rob Carnell, head of research in Asia of ING.

THE FED: Investors were looking ahead to the two-day policy meeting of the U.S. Federal Reserve which begins Tuesday. Forecasters expect the Fed to leave interest rates unchanged and stick to plans to raise rates in December. But traders will be listening for any indications the central bank could move sooner.

ENERGY: Benchmark U.S. crude rose 24 cents to $50.15 a barrel. It rose 2 cents to $49.91 a barrel on the New York Mercantile Exchange on Monday. Brent crude, used to price international oils, gained 16 cents to $55.64 a barrel in London.

CURRENCIES: The dollar rose to 111.58 yen from 111.39 late Monday. The euro strengthened to $1.1985 from $1.1945.


AP Business Writer Alex Veiga contributed to this report.


Follow AP Business Writer Yuri Kageyama on Twitter at twitter.com/yurikageyama

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