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Jamaica's De Cordova-Reid joins Leicester from Fulham
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Wolves' Kilman reunites with Lopetegui at West Ham
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Schmidt reign off to winning start as Australia beat Wales 25-16
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Russian wrestlers reject Olympics invitation
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Raducanu rediscovers Wimbledon 'fun' factor after turbulent spell
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Winning all that matters at Euro 2024 for Mbappe's minimalist France
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Eight dead, two million affected by Bangladesh floods
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Robertson pleased to 'find a way' past England in tough Test baptism
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Martin sets lap record to secure German MotoGP pole
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'Shattered' Germany set sights on World Cup after Euros exit
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Olympic hope Pedersen pulls out of Tour de France
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Djokovic eyes sweet 16 at Wimbledon as Swiatek takes on 'gangster'
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End beckons again for Ronaldo after Portugal Euros KO
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New Zealand edge England 16-15 in tense, brutal first Test
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Turkey take on Dutch in politically charged Euros quarter-final, England face Swiss
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Calling for better ties with West, Iran reformist wins presidency
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Cybercrime groups restructuring after major takedowns: experts
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Activists hail Sierra Leone child marriage ban, urge action on FGM
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Marsch relishing Canada's semi clash with Argentina
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Canada stun Venezuela on penalties to reach Copa semis
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Iran reformist Pezeshkian holds early lead in runoff vote
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Swiatek faces 'gangster' threat, Djokovic feels need for Wimbledon speed
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France holds its breath ahead of uncertain vote
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Starmer begins UK 'rebuild' after landslide election win
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Paris's Moulin Rouge inaugurates new windmill sails ahead of Olympics
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Pan, Rai share halfway lead in PGA John Deere Classic
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'I was feeling terrible' in debate, Biden says in TV interview
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France coach Deschamps savours ending penalty hoodoo, defends Mbappe
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Thompson bids farewell to Warriors after exit
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Portugal exit Euros with pride, will return stronger: Martinez
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UK's new PM Starmer speaks to world leaders, names top team
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Spain and France to face off in Euros last four, Turkey lament 'unfair' Demiral ban
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Israel says negotiators to hold fresh Gaza truce talks next week
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France beat Portugal on penalties to reach Euro 2024 semi-finals
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Endrick to start for Brazil in Uruguay Copa clash: Dorival
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Heartbreak for Germany fans after dramatic Euros exit
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Beryl heads for Texas after causing damage, no deaths in Mexico
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Nagelsmann laments late penalty decision as hosts Germany exit Euros
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Biden declares he's all in ahead of high-risk TV interview
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Spain team 'is a winning horse', says De la Fuente
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Bows at the ready, Chad villagers battle kidnappings
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Alcaraz mimics Bellingham goal celebration after Wimbledon win
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Olmo hopes Pedri can make speedy return for Euros semi-finalists Spain
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Retiring Kroos hopeful despite Germany's 'bitter' Euros exit
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Southgate turns on English 'entitlement' over claims of easy Euros draw
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Merino extra-time goal sends Spain past Germany to Euro semis
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Koeman demands Dutch silence fervent Turkish fans at Euros
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Brad Pitt at Silverstone for filming of F1 movie
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Raducanu storms into Wimbledon last 16
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California fires spread in July 4 weekend heatwave
Stocks fall after US Fed rate cut plans
Stock markets mostly retreated on Thursday as traders reacted to political uncertainty in Europe and the US Federal Reserve's plan to only cut interest rates once this year.
European stocks closed firmly in the red, Paris and Frankfurt shedding around two percent each as investors continued to track fallout from far-right gains in last weekend's EU elections.
Wall Street was trading mixed as the tech-heavy Nasdaq climbed while the Dow slipped back and the S&P 500 remained flat.
The Federal Reserve left its key lending rate unchanged on Wednesday and pencilled in just one rate cut this year, down from the three expected in March.
Despite US annual inflation dipping to 3.3 percent last month, the fall was below expectations, while the consumer price index remains comfortably above the Fed's two-percent target.
In France, the European Union's second-largest economy, President Emmanuel Macron is under pressure ahead of snap elections he called after a drubbing by the far right in EU-wide polls.
"Yesterday's cautious Fed meeting and ongoing political worries in Europe continue to put pressure on equity markets generally," said Chris Beauchamp, chief market analyst at online trading platform IG.
The early French legislative elections called for June 30 and July 7 "have sent investors scurrying from European stocks", he added.
The brighter performance by the Nasdaq index shows that "the technology sector remains the primary driver of market performance", according to FOREX.com market analyst Fawad Razaqzada.
"One has to wonder how much further the sector can hold up the market."
Investors were also keeping an eye on the yen as the Bank of Japan started a two-day policy meeting, with speculation swirling that it is preparing the ground for a further tightening after lifting interest rates in March for the first time in 17 years.
Japan has been an outlier in recent years, deciding against raising interest rates to fight high inflation. And just as major central banks are looking to cut borrowing costs, the BoJ has decided to start hiking them.
- Key figures around 1545 GMT -
New York - Dow Jones: DOWN 0.6 percent at 38,489.57 points
New York - S&P 500: FLAT at 5,420.05
New York - Nasdaq: UP 0.3 percent at 17,653.27
London - FTSE 100: DOWN 0.6 percent at 8,163.67 (close)
Paris - CAC 40: DOWN 2.0 percent at 7,708.02 (close)
Frankfurt - DAX: DOWN 2.0 percent at 18,265.68 (close)
EURO STOXX 50: DOWN 2.0 percent at 4,935.50 (close)
Euro/dollar: DOWN at $1.0764 from $1.0811 on Wednesday
Euro/pound: DOWN at 84.30 pence from 84.45 pence
Pound/dollar: DOWN at $1.2766 from $1.2797
Dollar/yen: DOWN at 156.82 yen from 156.86 yen
West Texas Intermediate: DOWN 0.2 percent at $78.33 per barrel
Brent North Sea Crude: DOWN 0.2 percent at $82.48 per barrel
burs-imm/jj
L.Mesquita--PC