- Spain send injured Yamal home 'to prioritise player's health'
- In milestone, SpaceX 'catches' megarocket booster after test flight
- Iraq walks fine line with pro-Iran factions to avoid war
- Race four abandoned after New Zealand breeze into 3-0 lead in America's Cup
- West Indies win toss, put Sri Lanka in to bat in first T20
- Sudan rescuers say air strike killed 23 in Khartoum market
- Netanyahu tells UN to move Lebanon peacekeepers out of 'harm's way'
- Bangladeshi Hindus defy attack worries to celebrate festival
- Kiwis three up in America's Cup as Ineos pay for time penalty
- In a first, SpaceX 'catches' megarocket booster after test flight
- Dominant England crush Scotland at Women's T20 World Cup
- Dropped: The rise and fall of Pakistan batting maestro Babar Azam
- Israel fights Hezbollah on the ground, pounds Lebanon from the air
- Sabalenka outlasts local hero Zheng to win third Wuhan Open title
- Bangladeshi Hindus shrug off attack worries to celebrate festival
- Former Pakistan captain Azam dropped for second England Test
- 'Opportunist' Dupont dazzles on Toulouse return
- Australia replace injured Vlaeminck with Graham at Women's T20 World Cup
- Sinner wins Shanghai Masters to deny Djokovic 100th career title
- Ubisoft fears assassin's hit over falling sales
- Israel hits Lebanon from the air and fights Hezbollah on the ground
- China's Yin has 'goosebumps' as she romps to LPGA win in Shanghai
- Pakistan to re-use Multan pitch for second England Test
- Blair and King Charles hail Salmond's 'devotion' to Scotland
- Vietnam, China hold talks on calming South China Sea tensions
- SpaceX will try to 'catch' giant Starship rocket shortly before landing
- England captain Stokes in line for second Pakistan Test return
- Japan's former empress Michiko discharged after surgery: reports
- Japan's former empress Michiko discharged after surgey: reports
- Israel widens Lebanon strikes as troops fight Hezbollah along border
- Bowlers' graveyards: Pakistan's placid pitches under fresh fire
- 'Little Gregory' murder haunts France 40 years on
- Vietnam, China to expand rail links, cross-border payments
- Americans get their belief back as Pochettino makes his mark
- Vietnam, China to boost economic, defence cooperation
- Winning start for Pochettino's American adventure
- Tariffs, tax cuts, energy: What is in Trump's economic plan?
- Amazon wants to be everything to everyone
- US firms brace for more tariffs as election approaches
- Winning start for Poch's American adventure
- Morocco's tribeswomen see facial tattoo tradition fade
- Centre-left set to win as pro-Ukraine Lithuania votes
- Colombia guerilla group urges delegations not to attend COP16 in Cali
- Pakistan frets over security ahead of SCO summit
- Ronaldo scores 133rd Portugal goal in Nations League win over Poland
- 40 nations contributing to UN Lebanon peacekeeping force condemn 'attacks'
- Eight dead as heavy rain thrashes Brazil after long drought
- Jewish school in Canada hit by gunfire for second time
- Morocco crush Central African Republic, Guirassy scores hat-trick
- Dupont scores quickfire hat-trick on Toulouse Top 14 return
Stocks retreat as rebound loses legs
US and European stocks markets pulled back Tuesday as a rebound at the start of the week lost steam amid investor worries about the outlook for companies and economies.
Asian equities however enjoyed a much-needed bounce Tuesday, with Tokyo scoring a three-decade high after a rally on Wall Street on Monday.
But US stocks could not keep the momentum going, with sentiment dampened by earnings warnings from tech sector firms including Samsung.
Eurozone stock markets slid as news of a shock contraction in German industrial output fanned fears over the health of Europe's top economy.
Crude futures also rebounded, one day after slumping following a sharp price cut by Saudi Aramco -- which fuelled concerns that supply was outstripping demand.
- 'Economic underperformance' -
Germany's industrial production unexpectedly fell 0.7 percent in November, the sixth straight monthly drop, official data showed.
Analysts surveyed by financial data firm FactSet had forecast stagnation.
"German industrial production data serves to highlight the ongoing battle underway in Europe, with the region's reliance on manufacturing playing a key role in driving economic underperformance," said Scope Markets analyst Joshua Mahony.
"Long-term deterioration (is) evident from the fact that manufacturing production in Germany now stands 13 percent below its 2017 peak," he added.
The rebound on Wall Street on Monday was due in large part to tech stocks, with the Nasdaq climbing more than two percent.
But sentiment in the sector was dampened after Samsung Electronics said it expected fourth-quarter operating profit to drop by more than a third, as the company struggles with weak demand for consumer electronics.
The Nasdaq dropped 0.7 percent at the start of trading on Tuesday.
Asian indices shot higher Tuesday, with Tokyo hitting its highest level since 1990 as traders mulled the Federal Reserve's interest-rates plans.
The outlook was given a partial boost by Monday's short-lived plunge in oil prices -- a key driver of inflation -- after Aramco announced a cut of $2 a barrel as it looks to regain lost market share.
Global equities have stumbled into the new year as a rally at the end of 2023 came to an end on worries that investors may have been too optimistic that the Fed will start cutting interest rates as soon as March.
Confidence was given a jolt last week when minutes from the bank's December policy meeting showed decision-makers were happy to keep rates at two-decade highs for some time to make sure they defeat inflation.
That was followed by a forecast-busting jobs report that showed the labour market remained in rude health, reinforcing the Fed view that there was still much work to do before officials could call mission accomplished on reducing inflation.
Investors are now looking ahead to Thursday's key US inflation data.
"If inflation was to come in hotter than expected, then this would dampen hopes that the Fed may cut rates as early as March," said Trade Nation analyst David Morrison.
Bitcoin was sitting around $46,800, having broken $47,000 on Monday for the first time since April 2022 on bets US regulators will approve exchange-traded funds that invest directly in the cryptocurrency.
- Key figures around 1430 GMT -
New York - Dow: DOWN 0.5 percent at 37,485.33 points
New York - S&P 500: DOWN 0.5 percent 4,737.99
New York - Nasdaq: DOWN 0.7 percent 14,741.76
London - FTSE 100: DOWN less than 0.1 percent at 7,688.67
Frankfurt - DAX: DOWN 0.4 percent at 16,642.92
Paris - CAC 40: DOWN 0.5 percent at 7,413.18
EURO STOXX 50: DOWN 0.7 percent at 4,454.07
Tokyo - Nikkei 225: UP 1.2 percent at 33,763.18 (close)
Hong Kong - Hang Seng Index: DOWN 0.2 percent at 16,190.02 (close)
Shanghai - Composite: UP 0.3 percent at 2,897.34 (close)
Euro/dollar: DOWN at $1.0947 from $1.0950 on Monday
Dollar/yen: DOWN at 143.78 yen from 144.23 yen
Pound/dollar: DOWN at $1.2728 from $1.2748
Euro/pound: UP at 86.00 pence from 85.89 pence
Brent North Sea Crude: UP 2.0 percent at $77.62 per barrel
West Texas Intermediate: UP 2.0 percent at $72.21 per barrel
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A.Jones--AMWN