Stock market today: Global shares are mostly lower after gains on Wall Street

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Global stocks are mostly lower after benchmarks ended higher on Wall Street.

Currency traders watch monitors near the screen showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 2, 2024. – World stocks were mostly lower on Tuesday after stocks advanced on Wall Street and yields jumped in the U.S.

France’s CAC 40 dropped 0.6% in early trading to 7,519.67. The benchmark jumped as much as 2.8% before settling to a gain of 1.1% on Monday as results from France suggested a Australia’s S&P/ASX 200 shed 0.4% to 7,718.20 and South Korea’s Kospi dropped 0.8% to 2,780.86 despite data from Statistics Korea showing the country’s consumer inflation slowed to an 11-month low in June.

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