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Shares fall in Europe after gains in Asia. US markets are closed for a holiday WPXI [Video]

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HONG KONG — (AP) — European markets opened lower while Asian markets were mostly higher on Monday as the week got off to a mixed start.

U.S. markets will be closed for Martin Luther King Day, a holiday.

France’s CAC 40 lost 0.1% to 7,454.74. Germany’s DAX slipped 0.1% to 16,688.90, and Britain’s FTSE 100 shed 0.2% to 7,619.80.

The future for the S&P 500 gained 0.1%, and that for the Dow Jones Industrial Average was virtually unchanged.

China’s central bank opted to keep its one-year policy loan interest rate at 2.5% on Monday while injecting funds into the financial system. That surprised market observers since it was contrary to the anticipated trend of lowering borrowing costs to stimulate the economy.

The “Policy focus has shifted to the effectiveness of monetary policy,” Zhaopeng Xing and Raymond Yeung of ANZ said in a report. “Today’s hold means the chance of an …

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