Global Shares Mixed After Fed Hints Rate Hikes May End Soon

A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in the rain in Tokyo on March 23, 2023. Eugene Hoshiko/AP Photo

TOKYO—Global shares were mixed Thursday after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching hikes to interest rates.

France’s CAC 40 declined 0.3 percent in early trading to 7,112.95, while Germany’s DAX slipped 0.2 percent to 15,183.25. Britain’s FTSE 100 dipped 0.5 percent to 7,532.54. U.S. shares were set to drift higher with Dow futures up 0.5 percent to 32,430.00. S&P 500 futures added 0.7 percent to 3,999.75.