U.S. Markets News

British shares fell on Tuesday, dragged down by energy and bank stocks, as new lockdowns and slow vaccine rollouts across Europe stoked fears over the pace of economic recovery, while Cineworld rose after plans to reopen its theatres.

Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in the second quarter due to the global shortage of semiconductors.

Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in the second quarter due to the global shortage of semiconductors.

Chinese stocks fell on Tuesday as western sanctions against China reduced risk appetite and lingering worries over policy tightening continued to weigh on the market.

Philippine shares bounced back on Tuesday after two days of losses, while India reversed early gains as investors jostled with a ruling by the country's top court on the extension of loan moratorium. Indian shares, which had risen as much

In front of an open-air Jakarta restaurant, delivery drivers clad in the orange colours of Southeast Asia tech group Sea Ltd wait for orders next to the green-jacketed riders of market leaders Gojek and Grab, in what has become the latest battleground for tech supremacy in Southeast Asia.

Britain's jobless rate unexpectedly fell to 5.0% in the three months to January, when the country entered a new COVID lockdown, official figures showed on Tuesday, below forecasts of a rise to 5.2% in a Reuters poll.

The dollar crept back toward recent peaks on Tuesday as extended lockdowns in Germany and rising geopolitical tension turned investors cautious, while measures aimed at cooling New Zealand's red-hot housing market hit the local dollar.

Britain's unemployment rate unexpectedly fell to 5.0% in the three months to January, when the country entered a new COVID lockdown, official figures showed on Tuesday, below forecasts of a rise to 5.2% in a Reuters poll. (Reporting by David Milliken, editing by Estelle Shirbon)