- Israel strikes central Beirut, killing 22
- Solar storm could impact US hurricane recovery efforts: agency
- Delta eyes Election Day travel pullback as profits climb
- Florida battered by hurricane, floods but spared 'worst-case scenario'
- UK's William and Kate in first joint public engagement since cancer treatment
- Over 200 women in legal talks with Harrods over Fayed abuse claims
- A very stiff breeze: BBC says sorry for 20,000 kph wind forecast
- Musk finally unveiling his long-promised robotaxi
- London's Frieze art fair goes potty for ceramics
- US, Europe stocks fall on US inflation data
- US consumer inflation eases to 2.4% in September
- Hurricane Milton tornadoes kill four in Florida amid rescue efforts
- South Korea's Han Kang wins literature Nobel
- Ikea posts fall in annual sales after lowering prices
- Stock markets diverge, oil gains after China rebounds
- World can't 'waste time' trading climate change blame: COP29 hosts
- South Korean same-sex couples make push for marriage equality
- Mumbai declares day of mourning for Indian industrialist Ratan Tata
- 7-Eleven owner restructures to fight takeover
- Sri Lanka recovering faster than expected: World Bank
- Hong Kong, Shanghai rally as most markets track Wall St record
- Uniqlo owner reports record annual earnings
- Hong Kong, Shanghai rally as markets track Wall St record
- Indonesia biomass drive threatens key forests: report
- Mumbai mourns Indian industrialist Ratan Tata
- China opens $71 bn 'swap facility' to boost markets
- Asian markets track Wall St record as Hong Kong, Shanghai stabilise
- 'Denying my potential': women at Japan's top university call out gender imbalance
- China's central bank says opens up $70.6 bn in liquidity to boost market
- Youth facing unprecedented wave of violence, UN envoy warns
- 'A casino in every kitchen': Brazil's online gambling craze
- Nobel chemistry winner sees engineered proteins solving tough problems
- Discord seen as online home for renegades
- US forecasts severe solar storm starting Thursday
- Ratan Tata: Indian mogul who built a global powerhouse
- One dead as storm Kirk tears through Spain, Portugal, France
- Indian business titan Ratan Tata dead at 86
- Fed minutes highlight divisions over rate cut decision
- Steve McQueen debuts new WWII film at London festival
- Nobel winners hope protein work will spur 'incredible' breakthroughs
- What are proteins again? Nobel-winning chemistry explained
- AI steps into science limelight with Nobel wins
- Overshooting 1.5C risks 'irreversible' climate impact: study
- Demis Hassabis, from chess prodigy to Nobel-winning AI pioneer
- Global stocks diverge as Chinese shares tumble
- Time runs out in Florida to flee Hurricane Milton
- Chad issues warning ahead of more devastating floods
- Creator's death no bar to new 'Dragon Ball' products
- Chinese stocks tumble on lack of fresh stimulus
- Trio wins chemistry Nobel for protein design, prediction
European stocks drift, dollar up tracking rates outlook
Europe's main stock markets steadied Monday after record highs for London and Paris last week as investors bet on prospects for a brighter economy despite lingering recession risks caused by high inflation.
The dollar gained against main rivals on the likelihood of more US rate hikes, analysts said, while oil prices climbed.
"In the absence of US markets for President's Day it's been a quiet and subdued session for markets in Europe," said CMC Markets analyst Michael Hewson.
London's FTSE 100 index last week went above 8,000 points for the first time in history, shortly before the CAC 40 also hit a record high.
Investors are awaiting minutes from the Federal Reserve's last policy meeting for clues on the size of further hikes to US interest rates.
Some Fed members have said they were open to a 50 basis-point hike at the next gathering to further tame inflation, which remains elevated around the world.
Sweden's price increases tempered slightly in January but inflation remained in the double digits at 11.7 percent on soaring food prices that have offset sliding energy costs, official data showed Monday.
Stubbornly-high inflation has renewed concerns that the United States and other economies could tip into recession this year, with commentators warning that company earnings were also on course to take a hit.
At the same time, "the equity market... seems sanguine about the rates outlook, seemingly taking more signal from the better-than-expected macro data", said National Australia Bank's Tapas Strickland.
Data last week showed inflation cooling also in the United States and Britain.
The Russian economy contracted by 2.1 percent last year, the government's statistics agency Rosstat said Monday, absorbing Western sanctions over Moscow's military intervention in Ukraine better than expected.
The data was published on the eve of a keenly awaited speech to parliament by President Vladimir Putin, days before the first anniversary of the launch of Russia's offensive against Ukraine on February 24.
In earlier Asian trading, Shanghai jumped more than two percent. Banking giant Goldman Sachs said it saw mainland Chinese stocks surging this year as the country reopens after zero-Covid.
- Key figures around 1630 GMT -
London - FTSE 100: UP 0.1 percent at 8,014.31 points (close)
Frankfurt - DAX: FLAT at 15,477.55 (close)
Paris - CAC 40: DOWN 0.2 percent at 7,335.61 (close)
EURO STOXX 50: DOWN 0.1 percent at 4,271.18 (close)
New York - Dow: CLOSED for public holiday
Tokyo - Nikkei 225: UP 0.1 percent at 27,531.94 (close)
Hong Kong - Hang Seng Index: UP 0.8 percent at 20,886.96 (close)
Shanghai - Composite: UP 2.1 percent at 3,290.34 (close)
Euro/dollar: DOWN at $1.0686 from $1.0697 on Friday
Pound/dollar: DOWN at $1.2035 from $1.2045
Euro/pound: UP at 88.80 pence from 88.79 pence
Dollar/yen: DOWN at 134.07 yen from 134.17 yen
Brent North Sea crude: UP 0.1 percent at $83.12 per barrel
West Texas Intermediate: UP 0.1 percent at $76.42 per barrel
burs-lcm/rl
Y.Tengku--CPN