- 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
- Ronaldo scores in Portugal's Nations League win as Spain sink Denmark
- Interim boss Carsley has not applied for England job
- Mets hurler Senga ready to take on Dodgers in game one of NL Championship Series
- Ronaldo on target again as Portugal defeat Poland in Nations League
- Guardians rip Tigers 7-3 to advance in MLB playoffs
- AFP, BBC win top French war reporting awards
- Carsley goes back to basics as humbled England face Finland
- Alex Salmond: the man who took Scotland to the brink of independence
US stocks mostly fall as Tokyo hits 33-year high
US and European stocks markets mostly retreated Tuesday as a rebound at the start of the week lost steam amid investor worries about the growth outlook.
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 following a lackluster forecast by the World Bank, which projected global growth would slow to 2.4 percent in 2024 from the estimated 2.6 percent last year, due in part to weaker activity in the United States and China.
Meanwhile, US trade data from November showed drops in both imports and exports, a trend that "fits with a weakening global economic environment," said Briefing.com analyst Patrick O'Hare.
Eurozone stock markets slid as news of a shock contraction in German industrial output fanned fears over the health of Europe's top economy.
"Having ended 2023 very much on the up there appears to be little in the way of enthusiasm to drive markets higher in the short term, with trading activity subdued and a relatively negative bias so far year to date," said CMC Markets analyst Michael Hewson.
Crude futures rebounded, one day after slumping following a sharp price cut by Saudi Aramco -- which fueled concerns that supply was outstripping demand.
Asian indices shot higher Tuesday, with Tokyo hitting its highest level since 1990 as traders pointed to the positive effects from Wall Street's recent surge.
"Buying dominated a wide range of stocks in Tokyo as a series of economic indicators, including the jobs report, raised expectations of a soft landing for the US economy and high-tech shares gained" in New York, Iwai Cosmo Securities said.
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 about expected Federal Reserve interest rate cuts.
Investors are now looking ahead to Thursday's key US inflation data.
- Key figures around 2130 GMT -
New York - Dow: DOWN 0.4 percent at 37,525.16 (close)
New York - S&P 500: DOWN 0.2 percent at 4,756.50 (close)
New York - Nasdaq: UP 0.1 percent at 14,856.71 (close)
London - FTSE 100: DOWN 0.1 percent at 7,683.96 (close)
Frankfurt - DAX: DOWN 0.2 percent at 16,688.36 (close)
Paris - CAC 40: DOWN 0.3 percent at 7,426.62 (close)
EURO STOXX 50: DOWN 0.4 percent at 4,467.17 (close)
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 $1.0934 from $1.0950 on Monday
Dollar/yen: UP at 144.48 yen from 144.23 yen
Pound/dollar: DOWN at $1.2710 from $1.2748
Euro/pound: UP at 86.00 pence from 85.89 pence
Brent North Sea Crude: UP 1.9 percent at $77.59 per barrel
West Texas Intermediate: UP 2.1 percent at $72.24 per barrel
burs-jmb/md
Ch.Kahalev--AMWN