- Harris holds slight edge nationally over Trump: poll
- Chelsea edge Real Madrid in Women's Champions League, Lyon win
- Japan PM to dissolve parliament for 'honeymoon' snap election
- 'Diego Lives': Immersive Maradona exhibit hits Barcelona
- Brazil Supreme Court lifts ban on Musk's X
- Scientists sound AI alarm after winning physics Nobel
- Six-year-old girl among missing after Brazil landslide
- Nobel-winning physicist 'unnerved' by AI technology he helped create
- Mexico president rules out new 'war on drugs'
- Israeli defense minister postpones trip to Washington: Pentagon
- Europe skipper Donald in talks with Garcia over Ryder return
- Kenya MPs vote to impeach deputy president in historic move
- Former US coach Berhalter named Chicago Fire head coach
- New York Jets fire head coach Saleh: team
- Australia crush New Zealand in Women's T20 World Cup
- US states accuse TikTok of harming young users
- 'Evacuate now, now, now': Florida braces for next hurricane
- US Supreme Court skeptical of challenge to 'ghost guns' regulation
- Sparks fly as Orban berates EU 'elites' in parliament trip
- US finalizes rule to remove lead pipes within a decade
- Solanke hungry for second England cap after seven-year wait
- Gilded canopy restored at Vatican basilica
- Zverev scrapes through, Djokovic cruises to Shanghai Masters last 16
- Trump secretly sent Covid tests to Putin: Bob Woodward book
- Gauff answers critics: 'It's hard to win all the time'
- Neural networks, machine learning? Nobel-winning AI science explained
- China says raised 'serious concerns' with US over trade curbs
- Boeing delivers 27 MAX jets in September despite strike
- German 'Maddie' suspect could be free in 2025 after cleared of other sex crimes
- Italy seek Nations League consistency as Germany continue rebuild
- From boom to budgeting as reality bites for Saudi football
- Stock markets diverge as Hong Kong sinks, oil prices fall
- US trade gap narrowest in five months as imports slip
- Stay and 'you are going to die': Florida braces for next hurricane
- England 96-1 after Salman's century lifts Pakistan to 556
- Hollywood star Idris Elba champions African cinema in Ghana
- Djokovic rolls Cobolli to make Shanghai Masters last 16
- Milan's Hernandez receives two-game suspension after referee rant
- Geoffrey Hinton, soft-spoken godfather of AI
- Ex-Barcelona and Spain great Iniesta retires aged 40
- Duo wins Physics Nobel for 'foundational' AI breakthroughs
- German 'Maddie' suspect could be free in 2025 after cleared of separate sex crimes
- China slaps provisional tariffs on EU brandy imports
- Ex-skipper Skelton eyes Wallabies November return
- Spanish great Iniesta leaves indelible legacy after retirement
- Indian Kashmir elects first regional government in a decade
- Hong Kong stocks crash, oil prices retreat on fading China boost
- Man City accuse Premier League of 'misleading' claims after legal case
- Duo wins Physics Nobel for key breakthroughs in AI
- Agha defies England as Pakistan post 515-8 in first Test
Oil prices slide on China fears; Twitter rises on Musk deal
Oil prices tumbled Monday along with equities in Europe and Asia on worries over a worsening Covid-19 outbreak in China, while US stocks finished a volatile session higher as Elon Musk sealed a deal to acquire Twitter.
Crude prices dove more than three percent on growing concerns over Chinese lockdowns in response to its latest Covid-19 wave. Dollar-denominated oil has also been pressured by the higher dollar.
Officials in finance hub Shanghai reported 51 deaths Monday, its highest daily toll despite weeks of strict containment measures, while Beijing warned of a "grim" situation as infections rise.
Among the world's major stock markets, Shanghai led the losses, closing down more than five percent.
"Selling is widespread across global markets and asset classes, indicating that we could be on the cusp of a much bigger leg lower," said market analyst Chris Beauchamp at online trading platform IG.
In Europe, Paris shed 2.0 percent after French President Emmanuel Macron won re-election Sunday in a battle against rival Marine Le Pen.
Macron now faces the challenge of uniting a deeply divided nation with legislative elections fast approaching in which he could lose control of parliament.
Wall Street stocks also spent much of the day in the red, but ultimately forged higher, with gains accelerating after the Twitter deal was announced.
Briefing.com analyst Patrick O'Hare attributed the rally to bargain hunting after the S&P 500 slipped as low as 4,200, a level that triggered buy orders.
Investors are cautious ahead of upcoming earnings from tech giants including Apple, Amazon and Microsoft, which are significant components of major indices and usually outperform.
"Everyone's on heightened alert after the disappointment over Netflix," which last week suffered grievous losses after reporting disappointing earnings, O'Hare said.
Twitter jumped 5.7 percent after Musk announced a deal to buy the social media network for $44 billion.
Twitter agreed to the deal in an about-face from earlier resistance after Musk announced a financing plan that included $21 billion from his personal fortune.
- Key figures at 2140 GMT -
New York - Dow: UP 0.7 percent at 34,049.46 (close)
New York - S&P 500: UP 0.6 percent at 4,296.12 (close)
New York - Nasdaq: UP 1.3 percent at 13,004.85 (close)
London - FTSE 100: DOWN 1.9 percent at 7,380.54 (close)
Paris - CAC 40: DOWN 2.0 percent at 6,449.38 (close)
Frankfurt - DAX: DOWN 1.5 percent at 13,924.17 (close)
EURO STOXX 50: DOWN 2.2 percent at 3,757.59 (close)
Tokyo - Nikkei 225: DOWN 1.9 percent at 26,590.78 (close)
Hong Kong - Hang Seng Index: DOWN 3.7 percent at 19,869.34 (close)
Shanghai - Composite: DOWN 5.1 percent at 2,928.51 (close)
Brent North Sea crude: DOWN 4.1 percent at $102.32 per barrel
West Texas Intermediate: DOWN 3.5 percent at $98.54 per barrel
Euro/dollar: DOWN at $1.0716 from $1.0790 late on Friday
Pound/dollar: DOWN at $1.2744 from $1.2839
Euro/pound: UP at 84.05 pence from 84.04 pence
Dollar/yen: DOWN at 128.15 yen from 128.50 yen
burs-jmb/caw
O.M.Souza--AMWN