- Fallen giants Ghana in AFCON trouble after Sudan draw
- Asian leaders meet in Laos with US, Russia on world turmoil
- England gamble backfires as Pavlidis fires emotional Greece to victory
- Obama stumps for Harris, Trump talks US protectionism
- New-look France ease past Israel in Nations League
- Belgium fight back to draw with 10-man Italy in Nations League
- 'Get a life': Hurricane whips up US election storm
- Japan stay perfect in World Cup qualifying
- Relief as Lebanon evacuees dock in Turkey
- Lebanon says 22 dead in Israeli strikes on central Beirut
- NBA boss Silver sees games back in China 'at some point'
- Israel strikes central Beirut, killing 22
- Table tennis and Netflix push Ukraine teen into French Open contention
- Civilians flee Gaza's Jabalia in tightening Israeli siege
- Israel strikes central Beirut, killing 18
- At least 10 dead in Florida from tornadoes caused by Hurricane Milton
- Warhol's rare 'Queen' collection opens at Dutch museum
- Three-time NBA champion Green retires
- MLB Twins up for sale after 40 years
- S.Sudan floods affect 893,000, over 241,000 displaced: UN
- Solar storm could impact US hurricane recovery efforts: agency
- Windies sweat on injury to 'crucial' Taylor at World Cup
- Lebanon says 11 dead, 48 injured in Israeli strikes on Beirut
- Panama lashes out at EU over tax haven 'outrage'
- Erdogan says Gaza 'shame of humanity', calls for permanent ceasfire
- TD Bank to pay more than $3 bn to US in money-laundering case
- SAfrica prosecutors drop criminal complaint against president
- 'Good opportunity': Nagelsmann upbeat despite Germany's long injury list
- Hurricane whips up bitter US election battle
- Cameroon bans media talk of president's health amid rumours
- NFL MVP Jackson and rookie phenom Daniels set for showdown
- Chad's capital under threat as floodwaters rise
- Lebanon state media says Israeli strikes hit central Beirut
- No answers on strike on reporters in Lebanon one year on: watchdog
- Ramharack picks four wickets as Windies beat Bangladesh in Women's T20 World Cup
- France's City of Light switches to climate-resilient power cables
- Djokovic hails Nadal 'legacy' as Alcaraz in 'shock' over retirement
- Obama hits campaign trail for Harris
- Delta eyes Election Day travel pullback as profits climb
- Djokovic tells Nadal: 'Your legacy will live forever'
- Ethel Kennedy, wife of RFK, dead at 96
- Zelensky denies ceasefire with Russia under discussion on trip
- Florida battered by hurricane, floods but spared 'worst-case scenario'
- After long fight for glory, Nadal leaves with a legacy of memories
- Home hopes Zheng and Wang through to last-eight in Wuhan Open
- UN peacekeepers say Israel fired on Lebanon HQ, injuring 2
- UK's William and Kate in first joint public engagement since cancer treatment
- Alcaraz out as top players pay tribute to Nadal at Shanghai Masters
- Racing's Farrell 'not thinking' about British and Irish Lions
- Alcaraz, Sinner pay tribute to 'unbelievable' Nadal at Shanghai Masters
US stocks hit by latest inflation data; gold prices jump
Wall Street stocks mostly fell Monday after fresh inflation data raised questions about US monetary policy, while gold prices shot to a fresh record.
The Institute for Supply Management's March survey is the first to show US manufacturing activity rising since September 2022. But markets fixated on a 3.3 percent rise in the ISM's prices index as compared with February.
"The market turned around when ISM came up this morning," said Jack Ablin of Cresset Capital. "This is one sign that could show that the inflation is picking up more."
While the Nasdaq mustered a narrow gain, both the Dow and S&P 500 retreated.
Markets have been scrutinizing inflation data to gauge the likelihood of a shift in monetary policy.
The Federal Reserve has said it expects three interest rate cuts this year, but that plan could slide if inflation remains elevated.
US Treasury yields jumped after Monday's ISM data.
In Asian trade, Seoul, Singapore and Manila rose, while there were losses in Taipei and Jakarta.
Hong Kong, Sydney, Wellington, London, Paris and Frankfurt were closed for Easter Monday.
Gold hit a record high of $2,265.73, according to Bloomberg News, extending the year's rally fueled by central bank hints at an easing of credit conditions.
It is also being supported by its attraction as a safe haven in times of turmoil, with geopolitical tensions growing.
Shanghai jumped around one percent as traders welcomed news that China's manufacturing grew for the first time in half a year, giving a boost to leaders as they battle to kickstart the struggling economy.
The 50.8 reading in March was the first showing expansion since September and was well above forecasts.
"The industrial sector seems to be resilient, partly helped by strong exports," said Zhang Zhiwei at Pinpoint Asset Management.
"If fiscal spending rises and exports remain strong, the economic momentum may improve."
But Tokyo sank more than one percent as the Bank of Japan's closely watched Tankan survey showed that confidence among Japan's largest manufacturers slipped in the first quarter, having risen for three straight quarters.
- Key figures around 2040 GMT -
New York - Dow: DOWN 0.6 percent at 39,566.85 (close)
New York - S&P 500 - DOWN 0.2 percent at 5,243.77 (close)
New York - Nasdaq - UP 0.1 percent at 16,396.83 (close)
Tokyo - Nikkei 225: DOWN 1.4 percent at 39,803.09 (close)
Shanghai - Composite: UP 1.2 percent at 3,077.38 (close)
Hong Kong - Hang Seng Index: Closed for holiday
London - FTSE 100: Closed for a holiday
Dollar/yen: UP at 151.65 yen from 151.35 yen on Thursday
Euro/dollar: DOWN at $1.0746 from $1.0790
Pound/dollar: DOWN at $1.2548 from $1.2623
Euro/pound: UP at 85.61 pence from 85.48 pence
West Texas Intermediate: UP 0.6 percent at $83.71 per barrel
Brent North Sea Crude: UP 0.5 percent at $87.42 per barrel
New York - Dow: UP 0.1 percent at 39,807.37 points (close)
D.Kaufman--AMWN