Stocks worldwide mixed, gold prices near 6-month high

Stocks worldwide down after weeks of gains on Wall Street, China stocks rally

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ALBAWABA – Stocks worldwide diverged on Tuesday ahead of the release of new economic data from the United States (US), with Asian and European stocks sliding and US stocks up, as gold prices hovered near a six-month high.

Major European and Asian stock markets mostly fell for a second session running Tuesday as traders booked profits, according to Agence France-Presse (AFP).

Elsewhere, stocks worldwide, including in New York, made solid gains in recent weeks on hopes that the Federal Reserve is finished with rate hikes and will cut borrowing rates next year as inflation cools.

Meanwhile, the US dollar was headed for its steepest monthly drop in a year while Treasuries steadied, according to Bloomberg.

The Stoxx 600 fell 0.3 percent and US futures also pointed toward a weaker open.

After four straight weeks of gains in New York, "today's price action, resembled a tired market," said Briefing.com analyst Patrick O'Hare, as reported by AFP.

^{Stocks worldwide mixed, gold prices near 6-month high - Shutterstock}

On the other hand, gold prices rallied on Monday to a six-month high, breaching the $2,017 threshold, slipping slightly on Tuesday, only to regain much of the day’s losses, at $2,015.32 per once.

By 1507 Amman Time, gold prices had made $0.9 on the ounce, marking little to no change for the day, according to GoldPrice.org, at $2,015.23, down $0.11 per ounce.

Stocks worldwide and markets summary by AFP and Bloomberg

• London - FTSE 100: DOWN 0.4 percent at 7,431.57 points

• Paris - CAC 40: DOWN 0.5 percent at 7,229.38

• Frankfurt - DAX: DOWN 0.1 percent at 15,955.53

• EURO STOXX 50: DOWN 0.4 percent at 4,339.09

• Tokyo - Nikkei 225: DOWN 0.1 percent at 33,408.39 (close)

• Hong Kong - Hang Seng Index: DOWN 1.0 percent at 17,354.14 (close)

• Shanghai - Composite: UP 0.2 percent at 3,038.55 (close)

• New York - Dow: DOWN 0.2 percent at 35,333.47 (close)

• Euro/dollar: DOWN at $1.0954 from $1.0958 on Monday

• Pound/dollar: UP at $1.2635 from $1.2627

• Euro/pound: DOWN at 86.69 pence from 86.75 pence

• Dollar/yen: DOWN at 148.60 from 148.64 yen

• The Stoxx Europe 600 fell 0.4 percent as of 8:12 a.m. London time

• S&P 500 futures fell 0.1 percent

• Nasdaq 100 futures fell 0.3 percent

• Futures on the Dow Jones Industrial Average were little changed

• The MSCI Asia Pacific Index rose 0.2 percent

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• The MSCI Emerging Markets Index rose 0.4 percent