- Tunisia's President Saied set for landslide election win
- Barca hoping to return to Camp Nou 'by end of year'
- Trump to open second golf course at Scotland resort in summer 2025
- Super-sub Jhon Duran rewarded with new Aston Villa deal
- US duo win Nobel for gene regulation breakthrough
- Masood hits first ton for four years to power Pakistan to 233-1
- Fritz wins delayed match to reach Shanghai Masters third round
- Naomi Osaka pulls out of Japan Open with back injury
- Weather may delay launch of mission to study deflected asteroid
- China to flesh out economic stimulus plans after bumper rally
- Artist Marina Abramovic hopes first China show offers tech respite
- Asian markets track Wall St rally on US jobs data
- Pakistan 122-1 at lunch in first England Test
- Kazakhs approve plan for first nuclear power plant
- World marks anniversary of Oct. 7 attack on Israel
- 'Second family': tennis stars hunt winning formula with new coaches
- Philippines, South Korea agree to deepen maritime cooperation
- Mexico mayor murdered days after taking office
- Sardinia's sheep farmers battle bluetongue as climate warms
- Japan govt admits doctoring 'untidy' cabinet photo
- Israel marks first anniversary of Hamas's October 7 attack
- Darvish tames Ohtani as Padres thrash Dodgers
- Asian markets track Wall St rally on jobs data
- Family affair as LeBron, Bronny James make Lakers bow
- Cancer, cardiovascular drugs tipped for Nobel as prize week opens
- As Great Salt Lake dries, Utah Republicans pardon Trump climate skepticism
- Amazon activist warns of 'critical situation' ahead of UN forum
- Mourners pay tribute to latest victims of deadly Channel crossing
- Tunisia incumbent Saied set to win presidential vote: exit polls
- Phillies win thriller to level Mets series
- Yu bags first PGA Tour win with playoff win
- PSG held by Nice to leave Monaco clear at top of Ligue 1
- AC Milan fall at Fiorentina after De Gea's penalty heroics
- Lewandowski treble for leaders Barca as Atletico held
- Fresh Israeli strikes hit south Beirut
- Sucic stunner earns Real Sociedad draw against Atletico
- PSG draw with Nice, fail to reclaim top spot in Ligue 1
- Gudmundsson downs AC Milan after De Gea's penalty heroics for Fiorentina
- 'Yes' vote prevails in Kazakhstan nuclear plant vote: TV
- 'Difficult day': Oct 7 commemorations begin with festival memorial
- Commemorations begin for anniversary of attack on Israel
- Lewandowski hat-trick powers Liga leaders Barca to Alaves victory
- 'Nothing gets in way of team,' says Celtics' MVP hopeful Tatum
- India maintain Pakistan stranglehold as Windies cruise at Women's T20 World Cup
- 'We will win!': Mozambique's ruling party confident at final vote rally
- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Florida braces for Milton, FEMA head slams 'dangerous' Helene misinformation
- Postecoglou slams 'unacceptable' Spurs after 'terrible' loss at Brighton
- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
European stocks steady, Tokyo soars after rout
European stock markets steadied Tuesday after Asian indices enjoyed some rebounds from a global rout fuelled by US recession fears.
Tokyo, which suffered a record loss Monday, led the gains to close up more than 10 percent as traders bought beaten-down stocks caught up in a catastrophic start to the week for markets.
But analysts warned there would likely be more volatility to come even as Europe's main stock markets -- which had fallen far less sharply Monday than their Asian peers -- steadied Tuesday.
Monday's sell-off followed data Friday showing fewer US jobs than expected were created last month, while another report pointed to continuing weakness in the manufacturing sector.
That led to warnings the US Federal Reserve had kept rates at more than two-decade highs for too long and risked causing a recession.
It meanwhile triggered market speculation that the US central bank could carry out an emergency cut to interest rates ahead of an expected reduction next month.
The dollar rose against main rivals Tuesday.
"Volatility persists" in markets, noted Richard Hunter, head of markets at Interactive Investor, adding that "emergency intervention from the Fed seems unlikely".
While Wall Street's three main indices suffered Monday -- the Nasdaq ended with a loss of more than three percent -- a forecast-beating read on the key US services sector provided some solace.
Tokyo had plunged 12 percent Monday, while the losses were far less severe in Europe.
London edged higher nearing the half-way stage Tuesday, while Paris dipped and Frankfurt flattened.
"Investors shouldn't assume this relative calm means markets are back to behaving rationally again," said Matt Britzman, senior equity analyst at Hargreaves Lansdown.
The technology sector was most hit by the global selloff on fears its sharp rally in recent times had been overdone.
It made a recovery Tuesday, while UK banking stocks saw solid gains after the Bank of England confirmed in a study that the UK's biggest lenders could be wound down without taxpayer bailouts in the event of a fresh financial crisis.
In foreign exchange trading Tuesday, the yen's rally against the dollar ran out of puff.
The Japanese unit, which hit a near four-decade low in July, later surged thanks in part to the Bank of Japan last week hiking interest rates.
- Key figures around 1115 GMT -
London - FTSE 100: UP 0.1 percent at 8,017.90 points
Paris - CAC 40: DOWN 0.2 percent at 7,132.43
Frankfurt - DAX: FLAT at 17,344.16
Euro STOXX 50: FLAT at 4,572.78
Tokyo - Nikkei 225: UP 10.2 percent at 34,675.46 (close)
Hong Kong - Hang Seng Index: DOWN 0.3 percent at 16,647.34 (close)
Shanghai - Composite: UP 0.2 percent at 2,867.28 (close)
New York - Dow: DOWN 2.6 percent at 38,703.27 (close)
Dollar/yen: UP at 145.11 yen from 144.05 yen on Monday
Euro/dollar: DOWN at $1.0910 from $1.0959
Pound/dollar: DOWN at $1.2695 from $1.2773
Euro/pound: UP at 85.92 pence from 85.77 pence
Brent North Sea Crude: UP 0.7 percent at $76.82 per barrel
West Texas Intermediate: UP 0.8 percent at $73.51 per barrel
burs-bcp/rl
P.Stevenson--AMWN