- 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
- Maresca hails Chelsea's 'fighting' spirit after draw with 10-man Forest
- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Vikings hold off Jets in London to stay unbeaten
Equity markets resume drops as volatility persists
European and Asian stock markets mostly fell Thursday, with analysts warning that this week's volatility has some time to run.
Data last Friday showing fewer US jobs created in July than expected, plus the spike in the value of the yen after a rate hike last week, sent global equity markets plunging Monday.
Since then there have been rebounds and renewed losses as traders seek to weigh up the risks of recession in the United States, the world's biggest economy.
London and Paris were down more than one percent in early afternoon deals Thursday after Tokyo closed down 0.7 percent.
The Japanese index had tumbled more than 12 percent Monday before rocketing over 10 percent Tuesday, largely because of wild swings in the yen against the dollar.
Wall Street closed down Wednesday as US equities experience their own roller-coast week.
"Global markets remain jittery," noted AJ Bell investment director Russ Mould.
"There will be concern that a positive start to trading on Wall Street on Wednesday faded fast, with all eyes now turning to today's session and whether last night was just driven by a few big earnings disappointments or represents the start of a new downtrend," he added.
Warner Bros. Discovery's share price plunged more than 10 percent in after-hours trading Wednesday after it reported a quarterly loss of almost $10 billion.
Almost all of the loss was down to a $9.1 billion write-down in the value of the US media giant's cable network, it announced in a statement, underscoring the challenges facing the legacy television industry.
Weak earnings from Disney, Airbnb and TripAdvisor added to the sense of concern that American consumers were tightening their belts as the impact of elevated inflation and two-decade-high borrowing costs bite.
Federal Reserve boss Jerome Powell last week indicated that the US central bank could cut interest rates at its September meeting, with 25 basis points seen as the likely move.
But traders are now eyeing as many as 50 points, with another 50 possibly before the end of the year, following last weeks jobs data.
The prospect of several reductions has been offset by profit-taking in the tech sector, whose valuation has soared this year on a rush for all things related to artificial intelligence.
In foreign exchange Thursday, the yen rose against the dollar after tumbling Wednesday in reaction to a dovish signal from the Bank of Japan that its recent rate-hikes would not be repeated while markets remained volatile.
- Key figures around 1100 GMT -
London - FTSE 100: DOWN 1.1 percent at 8,075.36 points
Paris - CAC 40: DOWN 1.1 percent at 7,183.09
Frankfurt - DAX: DOWN 0.8 percent at 17,474.68
Euro STOXX 50: DOWN 1.1 percent at 4,615.21
Tokyo - Nikkei 225: DOWN 0.7 percent at 34,831.15 (close)
Hong Kong - Hang Seng Index: UP 0.1 percent at 16,891.83 (close)
Shanghai - Composite: FLAT at 2,869.90 (close)
New York - Dow: DOWN 0.6 percent at 38,763.45 (close)
Dollar/yen: DOWN at 146.06 yen from 146.83 yen on Wednesday
Euro/dollar: UP at $1.0928 from $1.0925
Pound/dollar: DOWN at $1.2690 from $1.2692
Euro/pound: UP at 86.11 pence from 86.06 pence
West Texas Intermediate: DOWN 0.1 percent at $75.17 per barrel
Brent North Sea Crude: DOWN 0.1 percent at $78.30 per barrel
burs-bcp/rl
L.Davis--AMWN