BANGKOK—World stocks were mixed Tuesday after a Wall Street rally driven by heavy buying of tech shares as investors bet the Federal Reserve will trim its rate hikes as it makes headway in tamping down inflation.
Germany’s DAX edged 0.1 percent lower to 15,086.68 while the CAC 40 in Paris gained 0.2 percent to 7,024.63. Britain’s FTSE 100 slipped 0.4 percent to 7,751.06. The futures for the S&P 500 and the Dow industrials were 0.1 percent lower.
A preliminary reading for manufacturing in Japan remained steady in January at its lowest level in over two years, with exports declining faster. But the strength in technology shares helped spur buying of manufacturers like electronics maker Omron, which gained 2.7 percent, and robot supplier Fanuc Corp., which gained 1.6 percent….