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- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says 'very violent' Israeli strikes hit south Beirut
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- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Madrid beat Villarreal but Carvajal suffers knee injury
- Madrid beat Villarreal to move level with Liga leaders Barcelona
- Monaco take top spot in Ligue 1 with win at Rennes
- French rugby player on rape charge whistled but 'serene' on return
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Toddler among 3 dead in migrant Channel crossings
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Kovacic stars as Man City sink Fulham to get title bid back on track
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Thousands march for Palestinians ahead of Oct 7 anniversary
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Toddler crushed to death in migrant Channel crossing
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
- Child 'trampled to death' in asylum seekers' Channel crossing: minister
Wall Street rebounds, European stocks slump at end of volatile week
European stock markets ended a volatile week in the red of Friday, as investors weighed expectations of economic recovery against soaring inflation, rising interest rates and mixed earnings.
By contrast, Wall Street was in positive territory, and oil prices were steady.
The week has been dominated by investor concern that any possible interest rates by the US Federal Reserve -- as it seeks to rein in high inflation -- could choke off economic recovery following pandemic-induced lockdowns.
The European Central Bank, for its part, appears to be sitting tight for the time being, causing the euro to fall to a 19-month low against the dollar on Friday.
Rising tensions between Russia and the West over the Ukraine crisis have wiped around $7 trillion off stock market valuations across the globe so far this month.
"Downbeat mood rounds up a volatile week for markets," said Victoria Scholar, head of investment at Interactive Investor.
Wall Street was nevertheless in the black, with the tech-heavy NASDAQ rising by 1.4 percent after Apple unveiled record revenues.
Nevertheless, "inflation and tightening concerns exacerbated by surging oil prices and a hawkish Federal Reserve" continued to weigh on sentiment, said ThinkMarkets analyst, Fawad Razaqzada.
In Europe, Frankfurt and Paris ended the day in the red, even though France posted its strongest economist in more than 50 years, while German growth data disappointed.
The German economy shrank by 0.7 percent in the fourth quarter, but expanded by 2.8 percent over the year as a whole, the data showed, while in neighbouring France, economic growth reached seven percent.
In the US, inflation picked up to 4.9 percent in December from 4.7 percent in November.
"The consumer inflation rate is at a near 40-year high, wage pressures are building, supply chains are still tangled, oil prices are at a seven-year high, and more and more companies are talking about ongoing cost pressures," said Patrick O'Hare at Briefing.com.
While stock markets have rallied for the best part of two years, analysts said a hefty pullback can be expected, as investors take profit and central banks roll back massive pandemic-era stimulus.
Crude oil prices remained well-supported after a strong trading week, aided by the Ukraine-Russia crisis, with Brent rising above $91 per barrel.
"Russia's supply of natural gas to Western Europe could further spark volatility across financial markets, and as we turn the corner on the pandemic we now see a possible conflict as one of the biggest threats to markets in 2022," warned Federated Hermes analyst, Lewis Grant.
- Key figures around 1650 GMT -
New York - Dow: UP 0.2 percent at 34,227.14 points
London - FTSE 100: DOWN 1.1 percent at 7,466.07 (close)
Frankfurt - DAX: DOWN 0.5 percent at 15,356.16 (close)
Paris - CAC 40: DOWN 0.8 percent at 6,965.88 (close)
EURO STOXX 50: DOWN 1.1 percent at 4,137.74
Tokyo - Nikkei 225: UP 2.1 percent at 26,717.34 (close)
Hong Kong - Hang Seng Index: DOWN 1.1 percent at 23,550.08 (close)
Shanghai - Composite: DOWN 1.0 percent at 3,361.44 (close)
Euro/dollar: UP at $1.1165 from $1.1147
Pound/dollar: UP at $1.3413 from $1.3381
Euro/pound: DOWN at 83.24 pence from 83.27 pence
Dollar/yen: DOWN at 115.19 yen from 115.36 yen
Brent North Sea crude: UP 0.6 percent at $90.61 per barrel
West Texas Intermediate: UP 1.6 percent at $88.02 per barrel
burs-rl/cdw/spm
L.Mason--AMWN