- Jamaica's De Cordova-Reid joins Leicester from Fulham
- Wolves' Kilman reunites with Lopetegui at West Ham
- Schmidt reign off to winning start as Australia beat Wales 25-16
- Russian wrestlers reject Olympics invitation
- Raducanu rediscovers Wimbledon 'fun' factor after turbulent spell
- Winning all that matters at Euro 2024 for Mbappe's minimalist France
- Eight dead, two million affected by Bangladesh floods
- Robertson pleased to 'find a way' past England in tough Test baptism
- Martin sets lap record to secure German MotoGP pole
- 'Shattered' Germany set sights on World Cup after Euros exit
- Olympic hope Pedersen pulls out of Tour de France
- Djokovic eyes sweet 16 at Wimbledon as Swiatek takes on 'gangster'
- End beckons again for Ronaldo after Portugal Euros KO
- New Zealand edge England 16-15 in tense, brutal first Test
- Turkey take on Dutch in politically charged Euros quarter-final, England face Swiss
- Calling for better ties with West, Iran reformist wins presidency
- Cybercrime groups restructuring after major takedowns: experts
- Activists hail Sierra Leone child marriage ban, urge action on FGM
- Marsch relishing Canada's semi clash with Argentina
- Canada stun Venezuela on penalties to reach Copa semis
- Iran reformist Pezeshkian holds early lead in runoff vote
- Swiatek faces 'gangster' threat, Djokovic feels need for Wimbledon speed
- France holds its breath ahead of uncertain vote
- Starmer begins UK 'rebuild' after landslide election win
- Paris's Moulin Rouge inaugurates new windmill sails ahead of Olympics
- Pan, Rai share halfway lead in PGA John Deere Classic
- 'I was feeling terrible' in debate, Biden says in TV interview
- France coach Deschamps savours ending penalty hoodoo, defends Mbappe
- Thompson bids farewell to Warriors after exit
- Portugal exit Euros with pride, will return stronger: Martinez
- UK's new PM Starmer speaks to world leaders, names top team
- Spain and France to face off in Euros last four, Turkey lament 'unfair' Demiral ban
- Israel says negotiators to hold fresh Gaza truce talks next week
- France beat Portugal on penalties to reach Euro 2024 semi-finals
- Endrick to start for Brazil in Uruguay Copa clash: Dorival
- Heartbreak for Germany fans after dramatic Euros exit
- Beryl heads for Texas after causing damage, no deaths in Mexico
- Nagelsmann laments late penalty decision as hosts Germany exit Euros
- Biden declares he's all in ahead of high-risk TV interview
- Spain team 'is a winning horse', says De la Fuente
- Bows at the ready, Chad villagers battle kidnappings
- Alcaraz mimics Bellingham goal celebration after Wimbledon win
- Olmo hopes Pedri can make speedy return for Euros semi-finalists Spain
- Retiring Kroos hopeful despite Germany's 'bitter' Euros exit
- Southgate turns on English 'entitlement' over claims of easy Euros draw
- Merino extra-time goal sends Spain past Germany to Euro semis
- Koeman demands Dutch silence fervent Turkish fans at Euros
- Brad Pitt at Silverstone for filming of F1 movie
- Raducanu storms into Wimbledon last 16
- California fires spread in July 4 weekend heatwave
US stocks back at records while European bourses retreat
Wall Street equity indices advanced to fresh records Tuesday as markets embraced commentary from Federal Reserve Chair Jerome Powell, while European bourses retreated on unease about upcoming French elections.
Both the S&P 500 and Nasdaq ended at all-time highs following Powell's remarks at a panel discussion with other central bankers in Portugal where he noted pricing pressures have abated.
"We've made quite a bit of progress in bringing inflation back down to our target, while the labor market has remained strong and growth has continued," Powell said. "We want that process to continue."
Powell "said just enough to get the traders excited as he always does," said Steve Sosnick at Interactive Brokers. "Powell most always tends toward the dovish side or typically says something neutral, but traders take the part that they like to hear."
But bourses in Paris and Frankfurt both retreated amid concerns about the potential economic fallout should the far right win power in France in weekend elections.
London was also lower and the pound traded mixed heading into a UK general election Thursday which the opposition Labour Party is expected to win.
"Political concerns continue to weigh on European stocks," noted Joshua Mahony, chief market analyst at Scope Markets.
Fawad Razaqzada, market analyst at StoneX, noted that "the potential for (Marine) Le Pen's National Rally party to govern France is a key risk one cannot ignore."
Candidates in France on Tuesday faced a deadline to register for the runoff round of a high-stakes parliamentary election, as President Emmanuel Macron's centrist camp and a left-wing alliance scrambled to prevent the far-right from taking power.
On Sunday, French voters go to polls for the decisive final round of the snap election Macron called after his camp received a drubbing in European elections last month.
His gamble appears to have backfired, with the far-right National Rally (RN) of Marine Le Pen scoring a victory in the first round of voting last Sunday.
Ahead of the vote, official data Tuesday showed eurozone inflation cooled in June -- but experts said it would be insufficient to convince the European Central Bank, or ECB, to accelerate its rate-cutting cycle despite sluggish economic growth.
In Britain, the main opposition Labor party is this week on course to end 14 years of power by the Conservatives and the premiership of Rishi Sunak.
Elsewhere Tuesday, Asia's main stock markets closed higher, with Hong Kong enjoying a rare surge after a recent run of losses.
Tokyo piled on more than one percent to end above 40,000 points for the first time since April.
- Key figures around 2050 GMT -
New York - Dow: UP 0.4 percent at 39,331.85 (close)
New York - S&P 500: Up 0.6 percent at 5,509.01 (close)
New York -Nasdaq: UP 0.8 percent at 18,028.76 (close)
Paris - CAC 40: DOWN 0.3 percent at 7,538.29 (close)
Frankfurt - DAX: DOWN 0.7 percent at 18,164.06 (close)
EURO STOXX 50: DOWN 0.5 percent at 4,906.33 (close)
London - FTSE 100: DOWN 0.6 percent at 8,121.20 (close)
Tokyo - Nikkei 225: UP 1.1 percent at 40,074.69 (close)
Hong Kong - Hang Seng Index: UP 0.3 percent at 17,769.14 (close)
Shanghai - Composite: UP 0.2 percent at 2,997.01 (close)
Euro/dollar: UP at $1.0749 from $1.0740 on Monday
Euro/pound: DOWN at 84.71 pence from 84.89 pence
Pound/dollar: UP at $1.2686 from $1.2650
Dollar/yen: FLAT at 161.46 yen
Brent North Sea Crude: DOWN 0.4 percent at $86.24 per barrel
West Texas Intermediate: DOWN 0.7 percent at $82.81 per barrel
burs-jmb/mdl
Ferreira--PC