International markets roundup
Market watch top headlines
A roundup of trading on major world markets:
NEW YORK - US stocks opened lower following a disappointing German report on growth.
Five minutes into the trade, the Dow Jones Industrial Average was down 40.97 points (0.3 per cent) to 13,465.35.
The broad-based S&P 500 lost 6.22 points (0.4 per cent) to 1464.46.
The Nasdaq Composite fell 19.09 points to 3098.4141.
The declines followed a fourth-quarter contraction in Germany of 0.5 per cent, said Briefing.com. The results mean full-year registered growth of 0.7 per cent instead of the consensus expectation for 0.8 per cent, Briefing said.
LONDON - European stock markets mostly slid as dealers reacted to weak economic growth data for Germany, while awaiting key Chinese numbers due later in the week.
London's FTSE 100 index of leading companies managed a gain of 0.15 per cent to 6117.31 points, but Frankfurt's DAX 30 fell 0.69 per cent to 7675.91 points and in Paris the CAC 40 gave up 0.29 per cent to 3697.35 points.
Madrid slid 0.36 per cent but Milan rose 0.44 per cent.
The euro fell to $US1.3342 from $1.3376 late in New York on Monday, when the European single currency had hit a near 11-month high against the greenback following positive comments last week by ECB chief Mario Draghi on the outlook for the eurozone.
HONG KONG - Asian shares were mixed on a lack of direction from Wall Street, but Tokyo hit a 32-month high on hopes for new central bank easing despite giving up early gains as the yen rebounded.
Tokyo put on 0.72 per cent, or 77.51 points, to 10,879.08 - its highest level since April 30, 2010 - and Shanghai added 0.60 per cent to 2,325.68, as environmental firms rose on hopes they will benefit from recent bad pollution.
But Seoul was off 1.16 per cent, or 23.30 points, to 1,983.74, led by falls in technology stocks due to a stronger won, and Hong Kong shed 0.14 per cent, or 31.75 points, to 23,381.15.
WELLINGTON - The NZX 50 Index rose 17.038 points, or 0.41 per cent, to 4170.955.