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- Mexico mayor murdered days after taking office
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- 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
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- 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
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- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
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- Ahead of attack anniversary, Netanyahu says: 'We will win'
- West Indies cruise to T20 World Cup win over Scotland
- Arshdeep, Chakravarthy help India hammer Bangladesh in T20 opener
- Lewandowski's quickfire hat-trick powers Liga leaders Barca to Alaves victory
- Man Utd fire another blank in Aston Villa stalemate
- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
Stocks buckle on ongoing Ukraine fears
Stock markets retreated on Friday at the end of a highly volatile week rocked by twists and turns in the Ukraine crisis and concerns about interest rate hikes.
Wall Street had already seen a steep drop on Thursday on renewed fears that Russia would soon invade Ukraine, as well as long-running angst about the Federal Reserve's plans to hike interest rates.
US markets were lower again on Friday, with the Dow Jones Industrial Average shedding 0.4 percent. The S&P 500 and tech-heavy were also lower, after starting the session briefly in the black.
In Europe, London's FTSE 100, the Paris CAC 40 and Frankfurt's DAX all ended the week in negative territory.
"Markets continue to chop around on these Russia headlines", said Neil Wilson, analyst at Markets.com.
Shellfire rang out near the frontline between government forces and rebel-held territory in eastern Ukraine, as Kyiv and Washington accused Russia of seeking to provoke an incident to falsely justify an invasion.
Russian President Vladimir Putin, who will oversee a ballistic missile drill this weekend, warned of a "deterioration of the situation" in eastern Ukraine.
US President Joe Biden will hold talks with Western allies on Friday to discuss Ukraine.
"The markets may be getting some relief as Secretary of State Antony Blinken is expected to meet with Russian Foreign Minister Sergei Lavrov next week," said a note by analysts at Charles Schwab investment firm.
- Oil prices fall -
The crisis over Ukraine comes as traders continue to contend with the prospect of US interest rates rising sharply this year as the Fed tries to rein in inflation at a 40-year high.
After spending most of last year saying surging prices would be transitory, the US central bank is now in full-on firefighting mode.
But commentators fear it may be behind the curve and will have to act more stringently than previously thought.
While tensions in Eastern Europe continue to absorb most of the attention, oil prices extended losses as traders grow increasingly optimistic of a deal on Iran's nuclear programme that could see it restart crude exports.
"Reports of the US and Iran nearing a new nuclear deal couldn't have come at a better time and oil prices are slipping at the prospect of more than a million barrels of crude re-entering the market," noted Craig Erlam, senior market analyst at OANDA trading group.
"In the absence of a deal, we could already be talking about triple-figure oil prices."
Oil prices were lower on Friday, with the WTI contract at one point dropping under the $88 mark.
- Key figures around 1640 GMT -
New York - Dow: DOWN 0.4 percent at 34,184.84 points
London - FTSE 100: DOWN 0.3 percent at 7,513.62 (close)
Frankfurt - DAX: DOWN 1.5 percent at 15,042.51 (close)
Paris - CAC 40: DOWN 0.3 percent at 6,929.63 (close)
EURO STOXX 50: DOWN 0.9 percent at 4,07428
Tokyo - Nikkei 225: DOWN 0.4 percent at 27,122.07 (close)
Hong Kong - Hang Seng Index: DOWN 1.9 percent at 24,327.71 (close)
Shanghai - Composite: DOWN 0.7 percent at 3,490.76 (close)
West Texas Intermediate: DOWN 0.3 percent at $89.76 per barrel
Brent North Sea crude: DOWN 0.2 percent at $92.79 per barrel
Euro/dollar: DOWN at $1.1334 from $1.1366 late Thursday
Pound/dollar: DOWN at $1.3585 from $1.3615
Euro/pound: DOWN at 83.42 pence from 83.44 pence
Dollar/yen: UP at 115.10 yen from 114.91 yen
burs-spm/har
D.Sawyer--AMWN