Global stocks showed signs of stabilizing on Tuesday after a rough Monday, as European exchanges opened only slightly lower and futures markets suggested a flat opening on Wall Street.
Asian markets followed Monday’s slump on Wall Street, after a sell-off left the S&P 500 index down 1.2 percent. Hong Kong led the losses among Asia’s biggest markets, down 1.8 percent, as antigovernment protesters swarmed the city’s busy airport for the second straight day.
Markets had been unnerved by worries about the trade war between the United States and China. On Tuesday, reflecting the ripples from that conflict, Singapore slashed its annual economic growth expectations to between zero percent and 1 percent. They were also reacting to unexpected election results from Argentina, which sent that country’s stocks and currency plunging.
Still, losses moderated as European markets opened, in a sign that investor nervousness may have been assuaged for now.
Hong Kong’s Hang Seng Index ended down 2.1 percent on Tuesday.
In Japan, the Nikkei 225 index fell 1.1 percent.
China’s Shanghai Composite Index ended 0.6 percent lower.
Both South Korea’s Kospi index and Singapore’s Straits Times index fell 0.9 percent.
In Britain, the FTSE 100 was about 0.2 percent lower in early trading.
Germany’s DAX and France’s CAC 40 indexes were each down about 0.3 percent.
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