Global markets wobble after Fed sticks with current interest rates WPXI [Video]

HONG KONG — (AP) — World markets wobbled in Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates.

U.S. shares were set to rise, as the futures for the S&P 500 surged 0.5% and for the Dow Jones Industrial Average were 0.4% higher.

European markets opened mixed ahead of a busy day for corporate earnings. London’s FTSE 100 was up 0.4% to 8,155.28 in early trading. Germany’s DAX edged less than 0.1% lower to 17,925.06 and the CAC 40 in Paris lost 0.7% to 7,926.97.

Tokyo’s Nikkei 225 index slipped 0.1% and closed at 38,236.07.

The Japanese yen surged as much as 2% in early Asia hours Thursday, driven by speculation of another round of yen-buying intervention by Japanese authorities and a weaker U.S. dollar following the Fed meeting. Later, the yen reversed its course and erased its previous gains. The dollar was trading at 155.44 yen, …