European benchmarks slipped on Tuesday while Asian shares mostly finished higher as investors eagerly awaited an update on U.S. consumer inflation, which could potentially impact the Federal Reserve's policy on interest rates. The CAC 40 in France slipped nearly 0.2% to 7,678.07, while Germany's DAX shed 0.3% to 16,982.64. In addition, Britain's FTSE 100 fell 0.2% to 7,562.00. Meanwhile, the future for the S&P 500 lost 0.3%, and the Dow Jones Industrial Average suffered a 0.2% decrease.
Over in Asia, Japan's benchmark Nikkei 225 experienced significant gains, adding 2.9% to close at 37,963.97, briefly surpassing 38,000 for the first time in 34 years. On the other hand, Australia's S&P/ASX 200 lost previous gains, edging 0.2% lower to 7,603.60. South Korea's Kospi, however, had a notable jump of 1.1% to 2,649.64. Notably, markets in China, Hong Kong, and Taiwan were closed due to the Lunar New Year holiday.
