Stock market today: Global benchmarks mostly dip after Wall Street's mixed finish

France's CAC 40 added 0.3% in early trading to 7,429.55, while Germany's DAX rose 0.4% to 18,340.84. Britain's FTSE 100 fell 0.4% to 8,202.70. U.S. shares were set to drift lower with Dow futures at 40,667.00, down 0.3%. S&P 500 futures lost 0.3% to 5,488.50.The value of the U.S.

Japan’s benchmark Nikkei 225 dropped 1.5% to finish at 35,619.77, while Australia’s S&P/ASX 200 lost 0.3% to 7,987.90. The U.S. Federal Reserve is turning its focus away from stifling high inflation and toward protecting the economy. The debate is focused on how much the Fed will cut the federal funds rate, which has been sitting at a two-decade high.

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