Global stock markets were mixed Thursday ahead of an update on the U.S. economy and a European Central Bank meeting that is expected to raise its key interest rate to a 13-year high to fight stubborn inflation.
London and Hong Kong advanced, while Frankfurt, Tokyo and Shanghai declined. Wall Street futures rebounded.
Forecasters expect U.S. government data to show the economy grew in the three months ending in September following two quarters of contraction. Other indicators including housing sales suggest activity is cooling following rate hikes to rein in inflation that is at a 40-year high.
