- Buried Nazi past haunts Athens on liberation anniversary
- Harris to release medical report confirming fitness for presidency: campaign
- Nobel prize a timely reminder, Hiroshima locals say
- China offers $325 bn in fiscal stimulus for ailing economy
- Small Quebec company dominates one part of NHL hockey: jerseys
- Boeing to cut 10% of workforce as it sees big Q3 loss
- Want to film in Paris? No sexism allowed
- US, European markets rise as investors weigh rates, earnings
- In Colombia, children trade plastic waste for school supplies
- JPMorgan Chase profits top estimates, bank sees 'resilient' US economy
- Little progress at key meet ahead of COP29 climate summit
- 'Party atmosphere': Skygazers treated to another aurora show
- Kyrgyzstan opens rare probe into glacier destruction
- European Mediterranean states discuss Middle East, migration
- Thunberg leads pro-Palestinian, climate protest in Milan
- Stock markets diverge before China weekend briefing
- EU questions shopping app Temu over illegal products risk
- Han Kang's books sell out in South Korea after Nobel win
- Shanghai markets sink ahead of briefing on mixed day for Asia
- Investors, analysts eye bigger China stimulus at Saturday briefing
- Musk unveils robotaxi, pledges it 'before 2027'
- At least 11 dead in Florida but Hurricane Milton not as bad as feared
- Asian markets mixed after Wall St drop, Shanghai dips before briefing
- Automaker Stellantis says CEO will retire in 2026
- Musk's promised robotaxi unveil delayed
- On US coast, wind power foes embrace 'Save the Whales' argument
- At least 10 dead in Florida after Hurricane Milton spawns tornadoes
- Internet Archive reels from 'catastrophic' cyberattack, data breach
- Wall Street stocks retreat from records on US inflation data
- 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
Stocks mixed as markets weigh weaker data, odds of interest rate pause
Global equities were mixed Tuesday as markets mulled over how emerging signs of economic weakness will affect interest rate policies.
Analysts cited data showing a drop in US job openings as the latest indication of cooling in the world's biggest economy -- following weak manufacturing numbers on Monday.
Investors also took note of a concerning shareholder letter from JPMorgan Chase Chief Executive Jamie Dimon, who warned the banking crisis "is not yet over" and said inflation could linger at high levels, extending the period of higher interest rates.
But the yield on the 10-year US Treasury note, a proxy for Federal Reserve policy, fell decisively.
"The time for pause and consideration may have arrived," said Craig Erlam, senior market analyst at brokerage firm OANDA. "We may see most now proceed with caution and only tighten if absolutely necessary."
Following a mixed day on European and Asian equity markets, US stocks opened near flat but later weakened.
The S&P 500 ended 0.6 percent lower with industrial and financial shares among the hardest-hit.
"The stock market did not respond favorably to the drop in yields due to the sense that a weakening economic backdrop will translate to further cuts in earnings estimates," said Briefing.com.
Market watchers said the media focus on former US president Donald Trump's pleading in a state criminal proceeding probably crimped trading volumes but did not affect the market's trajectory.
"While it's historic and likely has a lot of eyeballs on it, it's very difficult to draw a direct economic impact," said Art Hogan, an analyst at B. Riley Financial, of the proceedings.
Elsewhere, the pound reached a 10-month high against the dollar on recent strong UK data, bolstering expectations that the Bank of England would continue to raise interest rates to cool sky-high inflation.
The uncertain outlook spurred demand for gold, which set a high for the year by rising two percent to $2,040, "supported by renewed weakness in bond yields and US dollar," said market analyst Fawad Razaqzada at Stone X.
- Key figures around 2030 GMT -
New York - Dow: DOWN 0.6 percent at 33,402.38 (close)
New York - S&P 500: DOWN 0.6 percent at 4,100.60 (close)
New York - Nasdaq: DOWN 0.7 percent at 12,126.33 (close)
London - FTSE 100: DOWN 0.5 percent at 7,634.52 (close)
Paris - CAC 40: FLAT at 7,344.96 (close)
Frankfurt - DAX: UP 0.1 percent at 15,603.47 (close)
EURO STOXX 50: UP 0.1 percent at 4,315.32 (close)
Tokyo - Nikkei 225: UP 0.4 percent at 28,287.42 (close)
Hong Kong - Hang Seng Index: DOWN 0.7 percent at 20,274.59 (close)
Shanghai - Composite: UP 0.5 percent at 3,312.56 (close)
Euro/dollar: UP at $1.0963 from $1.0908 on Monday
Pound/dollar: UP at $1.2498 from $1.2420
Euro/pound: DOWN at 87.65 pence at 87.79 pence
Dollar/yen: DOWN at 131.65 yen from 132.35 yen
Brent North Sea crude: FLAT at $84.94 per barrel
West Texas Intermediate: UP 0.4 percent at $80.71 per barrel
burs-jmb/bys
Y.Ponomarenko--CPN