Global stock quiet as Asian markets closed for holidays
by Associated Press
TOKYOFeb 21, 2015 - 12:00 am GMT+3
by Associated Press
Feb 21, 2015 12:00 am
Global stocks appeared set for quiet and lower trading Friday after most markets in Asia were closed for the Lunar New Year holidays, except for Tokyo, where shares continued to rise on optimism about the Japanese economy. France's CAC 40 lost 0.3 percent to 4,820.34 in early trading, while Britain's FTSE 100 was little changed in early trading, inching down 0.03 percent to 6,886.55. Germany's DAX slipped 0.2 percent to 10,976.63. U.S. shares were set to drift lower with Dow futures down 0.1 percent at 17,946. S&P 500 futures dipped 0.1 percent to 2,092.70. Japan's benchmark Nikkei 225 rose 0.4 percent to close at 18,332.30, building on the upbeat mood that marked the previous day, when it closed at a nearly 15-year high. Japan has been pushing ahead with export-encouraging policies such as the cheap yen. Toyota was up 1.0 percent. Softbank gained 0.3 percent, and Canon added 0.4 percent. Australia's S&P/ASX 200 edged down 0.4 percent to 5,881.50. Other regional markets were closed for the holidays.
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