World shares are mostly lower after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.

Fed delivered the widely expected 25 bps rate cut yesterday. A pause in rate cuts can't be ruled out in December. See my thoughts on the trading opportunities.

Stocks were mixed ahead of today's rate-cut announcement by the Federal Reserve, with financials weighing on the Dow Jones Industrial Average. Two of the three major indexes closed in the green on confirmation of current expectations, as investors and policymakers continue to price in the impact of Donald Trump retaking the White House.