World stocks mixed

|By:, SA News Editor

Asian shares are mixed while European equities and U.S. stock futures are mostly higher as investors digest variable services PMI readings and wait for a host of economic reports out the U.S.

The Nikkei slides 2.2% on what appears to be severe profit-taking after the index finished at a six-year high yesterday.

China rises 1.3% on the heels  of the PBOC saying it will launch reforms in Shanghai's free-trade zone in the next three months.

Hong Kong -0.75%, India -0.7%.

EU Stoxx 50 flat, London +0.1%, Paris +0.3%, Frankfurt +0.2%, Milan -0.1%, Madrid +0.3%.

U.S. stock futures: Dow +0.1%. S&P +0.1%. Nasdaq +0.2%