- Alcaraz breezes into third round of Shanghai Masters
- Gaza cultural heritage brought to light in Geneva
- 'Bullet for democracy': Trump returns to site of rally shooting
- Italy targets climate activists in 'anti-Gandhi' demo clampdown
- South Korean cult-horror series 'Hellbound' returns at BIFF
- Nepalis fear more floods as climate change melts glaciers
- Honduras arrests environmentalist's alleged murderer
- Padres pitcher Musgrove needs elbow surgery
- Supreme Court lets stand rules to curb mercury, methane emissions
- Boston beat Denver in NBA exhibition season opener, but Jokic says omens are good
- Chagos diaspora angry at lack of input on islands' fate
- Biden says 'not confident' of peaceful US election
- US trade chief defends tariff hikes when paired with investment
- Lukaku stars as Napoli beat Como to hold Serie A top spot
- Ohtani set for MLB playoff debut as Dodgers face Padres
- Pogba's drug ban cut to 18 months from four years
- Devine leads New Zealand to big win over India in Women's T20 World Cup
- Bosnia floods kill 16 people
- EU court blocks French ban on vegetable 'steak' labelling
- Prosecutors seek dismissal of rape charges against French rugby players
- Meta AI turns pictures into videos with sound
- Bolivia's Morales says claims he raped a minor are a 'lie'
- MLB Reds hire two-time champion Francona as manager
- Daniel Maldini receives first Italy call-up for Nations League
- US dockworkers return to ports after three-day strike
- Ancelotti points finger at Madrid's 'lack of intensity'
- Haiti reeling after 70 killed in gang attack
- Five Czech kids in hospital over TikTok 'piercing challenge'
- What happens next in Iran-Israel conflict?
- Country star Garth Brooks denies rape accusations
- Stubbs hits maiden century as South Africa make 343-4 against Ireland
- DR Congo to begin mpox vaccination campaign Saturday in east
- Odegaard injury has forced Arsenal to be 'different', says Arteta
- Ratcliffe refuses to guarantee Ten Hag's Man Utd future
- Meta must limit data use for targeted ads: EU court
- Mauritius to hold legislative election on November 10
- Britain qualify for America's Cup final after 60-year wait
- IMF asks Sri Lanka to protect hard-won gains
- Morata returns to Spain Nations League squad after injury
- Irish regulator to probe Ryanair use of facial recognition
- Public allowed to see video evidence in France mass rape trial
- US hiring soars past expectations in sign of resilient market
- Under-fire Ten Hag 'together' with Man Utd hierarchy
- Guardiola talks of Man City love affair as financial hearing rumbles on
- De Bruyne out of Belgium Nations League squad
- Japanese trainer Yahagi hopes Shin Emperor achieves 50-year-old Arc dream
- UK's Starmer hails 'landmark' carbon capture funding
- As EU targets Chinese cars, European rivals sputter
- Bosnia floods kill 14 people
- Tennis world number one Swiatek splits with coach Wiktorowski
Wall Street falls as Fed meets, Europe rebounds
European stocks rallied Tuesday along with oil prices, while Wall Street ended lower as markets nervously eyed the impasse over Ukraine while awaiting a key Federal Reserve decision.
A day after suffering deep losses, Frankfurt, Paris and London all pushed higher, following a topsy-turvy session in New York on Monday when the Dow recovered more than 1,200 points to finish in positive territory.
But sentiment remained brittle on Tuesday.
"Notwithstanding yesterday's huge intraday reversal -- one of the largest ever for the Nasdaq -- the stock market isn't necessarily in a celebratory mood," Briefing.com analyst Patrick O'Hare said.
US stocks briefly rallied in the afternoon, but were unable to match Monday's pattern. Though the S&P 500 ended far above its session lows, it was still down 1.2 percent.
"Market volatility remains elevated as investors are still feeling jittery over a very tense Ukraine-Russia situation, a whole range of inflationary issues that include a potentially aggressive Fed and a global chip problem that just won’t get any better," Oanda's Edward Moya said.
"Optimism remains that a massive correction is still unlikely to happen because the US growth story will likely remain intact this year, but Wall Street is not seeing many buyers emerge ahead of the Fed and as the conflict in Ukraine escalates."
The United States warned Moscow it faces damaging sanctions, including high-tech export curbs, as Russian combat troops near Ukraine launched new exercises.
Meanwhile, Fed officials kicked off a two-day policy meeting that is expected to produce more information on how Fed Chair Jerome Powell's recent focus on containing inflation will affect monetary policy.
The International Monetary Fund trimmed its world GDP forecast for 2022 to 4.4 percent, half a point lower than the October estimate as the Omicron variant of Covid-19 weighs on activity.
And amid ongoing global supply chain snags, analysts cited a Commerce Department report warning that US firms have an average of less than five days worth of semiconductors on hand.
In other markets, oil prices advanced amid worries the Ukraine impasse could hit production. either because of sanctions that Russia or an outage on key petroleum infrastructure.
- Key figures around 2140 GMT -
New York - Dow: DOWN 0.2 percent at 34,297.73 (close)
New York - S&P 500: DOWN 1.2 percent at 4,356.45 (close)
New York - Nasdaq: DOWN 2.3 percent at 13,539.29 (close)
London - FTSE 100: UP 1.0 percent at 7,371.46 (close)
Paris - CAC 40: UP 0.7 percent at 6,837.96 (close)
Frankfurt - DAX: UP 0.8 percent at 15,123.87 (close)
EURO STOXX 50: UP 0.6 percent at 4,078.26 (close)
Tokyo - Nikkei 225: DOWN 1.7 percent at 27,131.34 (close)
Hong Kong - Hang Seng Index: DOWN 1.7 percent at 24,243.61 (close)
Shanghai - Composite: DOWN 2.6 percent at 3,433.06 (close)
Euro/dollar: DOWN at $1.1305 from $1.1326 late Monday
Pound/dollar: UP at $1.3507 from $1.3488
Euro/pound: DOWN at 83.66 pence from 83.97 pence
Dollar/yen: DOWN at 113.87 yen from 113.95 yen
Brent North Sea crude: UP 2.2 percent at $88.20 per barrel
West Texas Intermediate: UP 2.7 percent at $85.60 per barrel
burs-jmb/hs
C.Amaral--PC