World shares mixed as investors await inflation updates

BANGKOK — World shares were mixed Tuesday, with European indexes mostly higher after a downbeat session in Asia.

Benchmarks fell in Frankfurt, Tokyo, Hong Kong and Shanghai but rose in London and Paris. U.S. futures declined.

In a subdued opening to the week in New York, the S&P 500 slipped less than 0.1% on Monday but was within 0.2% of the all-time high it reached a month ago.

Japan reported that its economy contracted 1% in the January-March quarter from the previous quarter, instead of the preliminary estimate of minus 1.3%.

A severe coronavirus outbreak that has caused the government to declare a partial state of emergency and tighten pandemic precautions is likely to…