Global shares mixed ahead of yellen testimony
Here's a possible news article based on the headline:
Global Shares Mixed Ahead of Yellen Testimony
Global stock markets were mixed on Wednesday, ahead of highly anticipated testimony from Federal Reserve Chair Janet Yellen on the US economy and monetary policy.
In Asia, Japan's Nikkei 225 index rose 0.4% to 22,444.45, while Hong Kong's Hang Seng index fell 0.2% to 28,144.45. China's Shanghai Composite index was flat at 3,131.45.
In Europe, the Stoxx Europe 600 index was up 0.1% to 384.45, led by gains in the financial and consumer sectors. The UK's FTSE 100 index rose 0.2% to 7,444.45, while Germany's DAX index was flat at 12,444.45.
On Wall Street, futures pointed to a slightly higher open, with the S&P 500 index expected to rise 0.1% to 2,844.45.
Yellen's testimony before the House Financial Services Committee is expected to provide insight into the Fed's thinking on interest rates and the economy. The Fed has raised rates three times since December, and investors are waiting to see if the central bank will continue to tighten monetary policy in the coming months.
The US dollar was steady against major currencies, with the euro trading at $1.1345 and the yen at 111.45 per dollar.
Oil prices were mixed, with Brent crude up 0.2% to $71.45 per barrel and US crude down 0.1% to $66.45 per barrel.
Gold prices were steady, trading at $1,325.45 per ounce.
Overall, investors are cautious ahead of Yellen's testimony, with many waiting to see if the Fed will signal any changes to its monetary policy stance.