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- Commemorations begin for anniversary of attack on Israel
- 'Nothing gets in way of team,' says Celtics' MVP hopeful Tatum
- 'We will win!': Mozambique's ruling party confident at final vote rally
- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Florida braces for Milton, FEMA head slams 'dangerous' Helene misinformation
- Postecoglou slams 'unacceptable' Spurs after 'terrible' loss at Brighton
- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Vikings hold off Jets in London to stay unbeaten
- Ahead of attack anniversary, Netanyahu says: 'We will win'
- West Indies cruise to T20 World Cup win over Scotland
- Man Utd fire another blank in Aston Villa stalemate
- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
- Madueke rescues Chelsea in draw with 10-man Forest
- Beckett's belief rewarded as Bluestocking storms to Arc glory
- Trump on the stump, Harris hits airwaves in razor-edge US election
- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- 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
Global stocks mostly fall on inflation worries as dollar gains
European and US stocks slipped on Wednesday, while the dollar rallied as traders digested data indicating that inflation shows no sign of easing.
Wall Street stocks began June on a high note, but early gains petered out following mixed economic data.
Earlier, Frankfurt, Paris and London all finished in the red.
"The quick reversal is a reminder that we are still in a bear market and investors continue to face significant risks with inflation still showing no signs of easing in a meaningful way, and central banks are continuing to tighten their belts," Fawad Razaqzada, analyst at City Index and FOREX.com, said.
American factory growth sped up in May after slowing in the prior two months, even as employment contracted and firms continue to face supply challenges, according to a business survey.
The largely positive report gives "the Fed more confidence to raise rates," boosting the dollar, said FOREX.com's Joe Perry.
Meanwhile, all 12 Federal Reserve regions reported growth, according to the central bank's "beige book" survey of business conditions, but a third of those said the pace has slowed, and three "specifically expressed concerns about a recession," the report said.
Stocks enjoyed rare gains last week but have been on the defensive this week again.
"It's going to swing back and forth over the next couple of months until we get some firm proof that inflation is coming down," said Brad Bechtel of Jefferies.
Equities were mixed in Asia, with traders shrugging off a further easing of lockdown restrictions in China that many hope will give a much-needed boost to the world's number-two economy.
Hong Kong and Shanghai slipped, though Tokyo, Sydney, Singapore and Wellington rose.
Oil prices pushed higher as Russian Foreign Minister Sergei Lavrov reaffirmed Moscow's commitment to OPEC+ agreements during a visit to Saudi Arabia.
The Wall Street Journal had reported that OPEC was considering removing Russia from an agreement that has locked producers into limited output increases. Moscow's removal would mean an early end to the pact and allow major crude nations such as Saudi Arabia to open the taps, analysts said.
On Thursday, the 13 members of the Organization of the Petroleum Exporting Countries and their 10 partners -- who make up OPEC+ -- are due to hold their monthly talks on output increases.
- Key figures at around 2050 GMT -
New York - Dow: DOWN 0.5 percent at 32,813.23 (close)
New York - S&P 500: DOWN 0.8 percent at 4,101.23 (close)
New York - Nasdaq: DOWN 0.7 percent at 11,994.46 (close)
London - FTSE 100: DOWN 1.0 percent at 7,532.95 (close)
Frankfurt - DAX: DOWN 0.3 percent at 14,340.47 (close)
Paris - CAC 40: DOWN 0.8 percent at 6,418.89 (close)
EURO STOXX 50: DOWN 0.8 percent at 3,759.54 (close)
Tokyo - Nikkei 225: UP 0.7 percent at 27,457.89 (close)
Hong Kong - Hang Seng Index: DOWN 0.6 percent at 21,294.94 (close)
Shanghai - Composite: DOWN 0.1 percent at 3,182.16 (close)
Euro/dollar: DOWN at $1.0658 from $1.0734 on Tuesday
Pound/dollar: DOWN at $1.2492 from $1.2602
Euro/pound: UP at 85.25 pence from 85.18 pence
Dollar/yen: UP at 130.15 yen from 128.67 yen
Brent North Sea crude: UP 0.6 percent at $116.29 per barrel
West Texas Intermediate: UP 0.5 percent at $115.26 per barrel
R.Veloso--PC