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- DeChambeau says PGA's Ryder Cup decision 'just the start'
- Alcaraz defeated on Laver Cup debut
- Postecoglou embraces 'struggle' to make Spurs a success
- Nice hand 'ashamed' Saint-Etienne 8-0 Ligue 1 mauling
- Boeing CEO says ending strike 'a top priority'
- Stock markets mostly fall after Fed-fueled rally
- Harris slams Trump for hypocrisy on abortion as US starts voting
- Academy to host first overseas ceremony to honor young filmmakers
- No doctor necessary: US okays nasal spray flu vaccine for self-use
- Gurbaz, birthday boy Rashid lead Afghanistan to 177-run rout of South Africa
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- Chinese forward Cui signs NBA contract with Brooklyn Nets
- US Fed dissenter calls for 'measured' pace of rate cuts
- Guardiola tells players to lead change over workload as Kompany demands cap on games
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- Top Hezbollah commander killed in Israeli strike on Beirut
- Rotterdam fatal knife attacker suspected of 'terrorist motive'
- First early votes cast in knife-edge US presidential election
- Top-ranked Swiatek out of Beijing due to 'personal matters'
- Hard-right Reform UK looks to the future after vote success
- Embiid agrees to NBA contract extension with 76ers
- Joshua aims to complete road to redemption in Dubois bout
- World champion Bagnaia sets pace with lap record at Misano
- Biden says 'working' to get people back to homes on Israel-Lebanon border
- Pope criticises Argentina's crackdown on protesters
- Court limits screenings of videos in France mass rape case
- Gurbaz century takes Afghanistan to 311-4 in 2nd ODI
- Central banks face 'difficult balancing act': IMF chief
- McLaren's Norris sets Singapore pace as struggling Verstappen 15th
- Guardiola tells players to lead change over workload fears
- Paris Olympics sports equipment moves to new homes
- 'Happy' Kinghorn relishing life at Toulouse
- Norris sets Singapore pace as Verstappen only 15th
- 8 dead in Israeli strike, source says Hezbollah commander killed
- Germany to bid to host women's Euro 2029
- Portugal brings deadly forest fires under control
- Postecoglou defends Solanke after slow start to Spurs career
- US nuclear plant Three Mile Island to reopen to power Microsoft
- Arteta urges Arsenal to take next step in Man City showdown
- Stock markets fall after Fed-fuelled rally
- Top Hezbollah commander 'killed' in Israel strike
- Poland charges Russian over attack on Navalny ally: prosecutors
- Man City have rest 'advantage' in Arsenal showdown: Guardiola
- Maresca has 'no doubt' in Jackson as Chelsea's number nine
- EU chief announces 35 bn euro loan plan for Ukraine before winter
Stock markets mostly fall after Fed-fueled rally
US and European stock markets mostly retreated Friday following a record-filled rally sparked by a jumbo US interest rate cut this week.
The broad-based S&P 500 index and Nasdaq pulled back after records the previous day in the wake of the Federal Reserve's 50-basis-point rate reduction and signal of further cuts as inflation cools.
But the Dow closed at a fresh record.
"It is Friday, and after this week of all-time highs on just about every index, it wouldn't surprise me that both investors and traders are taking a break," Bokeh Capital Partners' chief investment officer Kim Forrest told AFP.
There had been fears the rate decision could signal officials were worried about the economy and were behind the curve in easing policy.
But data Thursday showing jobless claims at their lowest since May suggested the United States was heading for a soft landing -- where inflation cools without a major downturn -- rather than recession.
Asia's main stock markets closed out the week mostly higher.
The yen reversed earlier gains after the Bank of Japan decided against another hike to borrowing costs.
The BoJ began to move away from its long-running policy of ultra-low rates in March -- which saw the first increase in 17 years -- but a second hike in July sent shockwaves through markets and caused a surge in the yen.
Bets on more tightening, and a period of cutting by the Fed, has weighed on the dollar while supporting the yen this week.
Europe's major stock markets all closed lower on Friday, with Frankfurt shedding 1.5 percent after hitting a record high the previous day.
Shares in German auto giant Mercedes-Benz sank more than seven percent after the group lowered its outlook on the back of weak sales in its key Chinese market.
London's FTSE 100 index lost 1.2 percent as official data Friday showed UK debt has reached 100 percent of Britain's annual gross domestic product and a closely watched index revealed a big drop in UK consumer confidence this month.
The Bank of England, meanwhile, held its interest rate at 5.0 percent in a decision Thursday.
Gold hit a fresh record above $2,610 an ounce on the prospect of lower US borrowing costs, which makes the precious metal seen as a haven investment more attractive.
"Geopolitical risks, such as ongoing conflicts in Gaza, Ukraine, and elsewhere, will ensure to sustain gold's safe-haven demand," said Fawad Razaqzada, market analyst at City Index and Forex.com.
- Key figures around 2010 GMT -
New York - Dow: UP 0.1 percent at 42,063.36 points (close)
New York - S&P 500: DOWN 0.2 percent at 5,702.55 (close)
New York - Nasdaq: DOWN 0.4 percent at 17,948.32 (close)
London - FTSE 100: DOWN 1.2 percent at 8,229.99 (close)
Paris - CAC 40: DOWN 1.5 percent at 7,500.26 (close)
Frankfurt - DAX: DOWN 1.5 percent at 18,720.01 (close)
Tokyo - Nikkei 225: UP 1.5 percent at 37,723.91 (close)
Hong Kong - Hang Seng Index: UP 1.4 percent at 18,258.57 (close)
Shanghai - Composite: FLAT at 2,736.81 (close)
Pound/dollar: UP at $1.3316 from $1.3281 on Thursday
Euro/dollar: DOWN at $1.1160 from $1.1161
Dollar/yen: UP at 144.02 yen from 142.57 yen
Euro/pound: DOWN at 83.80 pence from 84.03 pence
West Texas Intermediate: FLAT at $71.92 per barrel
Brent North Sea Crude: DOWN 0.5 percent at $74.49 per barrel
F.Dubois--AMWN