- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Israel pounds Lebanon ahead of Hamas attack anniversary
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Toddler among 4 dead in migrant Channel crossings
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says 'very violent' Israeli strikes hit south Beirut
- Guardians maul Tigers, miracle Mets rally in MLB series openers
- 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
Worries over aggressive Fed shift send US stocks tumbling
Wall Street equities tumbled on Thursday as markets bet that the latest inflation report would compel the Federal Reserve to accelerate efforts to tighten monetary policy and raise lending rates.
Consumer prices in the world's biggest economy rose at an annual rate not seen since February 1982, with a 7.5 percent increase over the 12 months to January, according to government figures.
US stocks opened decisively lower before recovering most of the losses by midday following a mixed session in Europe and an up day for Asian equity markets.
But Wall Street headed south again after St. Louis Fed President James Bullard told Bloomberg he would be open to hiking rates outside of regularly scheduled meetings, and would like to see them up to one percent by July.
Those remarks prompted investors to shift bets towards a bigger interest rate increase in March, and helped lift the yield on the 10-year US Treasury note above two percent.
All three major indices finished sharply lower, with the S&P 500 down 1.8 percent.
"Even though the market was already anticipating a series of rate hikes this year, the hawkish commentary raised concerns that the Fed's tightening plans could be more aggressive and sooner than expected because of persistent inflation pressures," said Briefing.com.
In Europe, London's FTSE 100 rose, Frankfurt's DAX edged higher, and in Paris the CAC 40 slipped.
The continent had its share of negative news, with the European Commission cutting the eurozone's economic growth forecast as energy prices and supply chain problems jack up inflation.
Elsewhere, signs of progress on the diplomatic front in eastern Europe have kept a cap on oil price gains in recent days, as has the possibility of a revived Iran nuclear deal, which could see Tehran resume worldwide petroleum exports and ease supply problems.
Among individual companies, Disney jumped 3.4 percent amid news it added far more subscribers than expected to its Disney+ streaming service in the just-finished quarter while reporting better-than-expected profits.
But Uber fell 6.1 percent as the ride-hailing company's medium-term profit forecast disappointed investors despite having reported solid fourth-quarter earnings.
- Key figures around 2100 GMT -
New York - Dow: DOWN 1.5 percent at 35,241.59 (close)
New York - S&P 500: DOWN 1.8 percent at 4,504.08 (close)
New York - Nasdaq: DOWN 2.1 percent at 14,185.6 (close)
London - FTSE 100: UP 0.4 percent at 7,672.40 (close)
Frankfurt - DAX: UP less than 0.1 percent at 15,490.44 (close)
Paris - CAC 40: DOWN 0.4 percent at 7,101.55 (close)
EURO STOXX 50: DOWN 0.2 percent at 4,197.07 (close)
Tokyo - Nikkei 225: UP 0.4 percent at 27,696.08 (close)
Hong Kong - Hang Seng Index: UP 0.4 percent at 24,924.35 (close)
Shanghai - Composite: UP 0.2 percent at 3,485.91 (close)
Euro/dollar: UP at $1.1434 from $1.1425 late Wednesday
Pound/dollar: UP at $1.3562 from $1.3535
Euro/pound: DOWN at 84.25 pence from 84.41 pence
Dollar/yen: UP at 115.99 yen from 115.52 yen
Brent North Sea crude: DOWN 0.2 percent at $91.41 per barrel
West Texas Intermediate: UP 0.2 percent at $89.88 per barrel
burs-jmb/cs
M.Fischer--AMWN