Global Stocks Mixed After Wall Street Sinks on Rate Fears

Global Stocks Mixed After Wall Street Sinks on Rate Fears
A currency trader watches 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 the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on Feb. 7, 2023. Ahn Young-joon/AP Photo
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BEIJING—Global stock markets were mixed Tuesday as traders looked ahead to a speech by Federal Reserve Chair Jerome Powell for clues to interest rate plans after Japanese wages rose and Australia’s central bank hiked its key rate again.

London and Shanghai gained. Frankfurt, Tokyo, and Wall Street futures declined. Oil prices rose.