AP PhotoLondon, Feb. 6 (AP): Stock markets around the world took a battering Tuesday, following a dramatic sell-off on Wall Street that triggered concerns that a potentially healthy pullback from record highs could morph into a more protracted crash. Hopes that Wall Street won't repeat the scale of Monday's losses helped limit the selling during European trading hours. Futures markets suggested another, but more moderate drop, in the US, with the Dow and S&P 500 futures down 0.8 per cent and 0.2 per cent. The US dollar remained resilient despite the stock market sell-off, which at one stage Monday saw the Dow shed 1,597 points. The euro was up 0.3 per cent at $1.2435 while the dollar rose 0.3 per cent to 109.38 yen.

Source: The Telegraph February 06, 2018 14:26 UTC