Global Stocks Mixed After Fed Officials Support Higher Rates

Currency traders watch their computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), (L), and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, on Feb. 23, 2023. Lee Jin-man/AP Photo

BEIJING—Global stock markets were mixed Thursday after notes from a Federal Reserve meeting showed officials expect more U.S. interest rate hikes to fight stubborn inflation.

London, Shanghai, and Hong Kong declined. Frankfurt and Wall Street futures advanced. Japanese markets were closed for a holiday.