World Shares Mixed on Growth Worries as Central Banks Tighten

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, on April 5, 2022. Staff/Reuters

MILAN/SHANGHAI—World shares were mixed on Thursday on persistent concerns over slowing economic growth and after the latest U.S. Federal Reserve minutes confirmed its intent to tighten monetary policy quickly.

While Wall Street rallied after the minutes, which showed a majority of policymakers backed 50-basis-points rate hikes in June and July along with a unanimous view the economy was strong, the mood in Europe and Asia was more subdued.