- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
- Child 'trampled to death' in asylum seekers' Channel crossing: minister
- Gauff fights back to set up Beijing final against Muchova
- Guardiola claims Premier League won't delay season for Man City
Global stocks mostly fall on recession worries
Stocks mostly slipped lower Monday following weak Chinese economic data that added to recession worries amid inflation and rising interest rates.
China's retail sales slumped 11.1 percent year-on-year in April, while industrial production sank 2.9 percent -- the lowest showing since March 2020.
The economic hemorrhaging has been driven by China's Covid-19 lockdowns, with Shanghai in particular under strict virus restrictions since April, shuttering factories and pausing port activity.
"Sentiment continues to remain cautious... as it becomes ever more apparent that the Chinese economy is likely to stay in the doldrums for a while yet, with the damage caused by Covid restrictions unlikely to improve significantly until well into the summer," said Michael Hewson at CMC Markets UK.
Economist Clifford Bennett of ACY Securities said "there is a very real risk, even likelihood of a triple northern hemisphere recession across the US, Europe and China simultaneously and virtually immediately."
FHN Financial's Chris Low also cited gloomy comments from former Federal Reserve Chair Ben Bernanke who warned of possible "stagflation"-type economic conditions and told CNBC the Fed under current Chairman Jerome Powell had waited too long to address inflation.
While the Dow eked out a slight gain, the other two major indices finished lower, with the tech-rich Nasdaq slumping 1.2 percent.
London ended with a gain, but both Frankfurt and Paris finished lower amid more signs of economic fragility in the eurozone.
Brussels on Monday sharply cut its eurozone growth forecast for 2022, blaming skyrocketing energy prices caused by Russia's invasion of Ukraine.
In commodities trading, wheat prices surged to a record after India banned exports of the commodity owing to a heatwave hitting production.
Global wheat prices had already soared on tight supply concerns since Russia's February invasion of agricultural powerhouse Ukraine, which previously accounted for 12 percent of world exports.
The price jumped to 435 euros ($453) per ton as the European market opened Monday.
Despite the recession concerns, oil prices rose on Monday as traders focused on risks of supply disruptions as EU nations continue to move towards a ban on Russian oil imports.
Analysts also cited the easing of Chinese Covid-19 restrictions and an ensuing uptick in oil demand.
On the corporate front Monday, American fast-food giant McDonald's said it would exit the Russian market and sell its business in the country to a local buyer in the wake of the Ukraine war.
French automaker Renault has meanwhile handed over its Russian assets to the Russian government, marking the first major nationalization since the onset of sanctions over Moscow's military campaign.
- Key figures at around 2030 GMT -
New York - Dow: UP 0.1 percent at 32,223.42 (close)
New York - S&P 500: DOWN 0.4 percent at 4,008.01 (close)
New York - Nasdaq: DOWN 1.2 percent at 11,662.79 (close)
London - FTSE 100: UP 0.6 percent at 7,464.80 (close)
Frankfurt - DAX: DOWN 0.5 percent at 13,964.38 (close)
Paris - CAC 40: DOWN 0.2 percent at 6,347.77 (close)
EURO STOXX 50: DOWN 0.5 percent at 3,685.34 (close)
Hong Kong - Hang Seng Index: UP 0.3 percent at 19,950.21 (close)
Shanghai - Composite: DOWN 0.3 percent at 3,073.75 (close)
Tokyo - Nikkei 225: UP 0.5 percent at 26,547.05 (close)
Brent North Sea crude: UP 2.4 percent at $114.24 per barrel
West Texas Intermediate: UP 3.4 percent at $114.20 per barrel
Euro/dollar: UP at $1.0436 from $1.0412 at 2100 GMT Friday
Pound/dollar: UP at $1.2323 from $1.2262
Euro/pound: DOWN 84.67 from 84.91 pence
Dollar/yen: DOWN at 129.08 yen from 129.22 yen
G.Teles--PC