Global stocks mixed after Wall Street falls on rate hike worries

Global shares were mixed Monday after Wall Street fell on worries the Federal Reserve will raise interest rates as soon as March.
Frankfurt and Shanghai advanced. Wall Street futures were higher. Seoul declined while London was little-changed. Japanese markets were closed for a holiday.
Investors were rattled last week after notes from the latest Fed meeting showed officials thought the US job market is healthy enough to no longer need ultra-low interest rates and other stimulus.
That was reinforced by US employment numbers Friday that showed stronger-than-expected wages, though with only about half as much hiring as forecast.
The prospect of earlier rate hikes suggests that markets could continue to be roiled by volatility, Tan Boon Heng of Mizuho Bank said in a report.

Source:Business standard