Global stocks fall

Global stock markets fell Tuesday, AP reported. Economic releases scheduled later in the day were not likely to provide the good news needed to reverse the losses, analysts said. "Further US data disappointment is likely today, with the August consumer confidence survey set to decline in contrast to a likely increase in the German IFO business confidence survey," Mitul Kotecha of Credit Agricole CIB in Hong Kong said in a market commentary. In early European trading, Britain's FTSE 100 fell 0.9 percent to 6,435.53. Germany's DAX fell 1.4 percent to 8,313.27. France's CAC-40 lost 1.4 percent to 4,008.55. Wall Street looked set for a lower open, with Dow Jones industrial futures falling 0.5 percent to 14,861. S&P 500 futures fell 0.5 percent to 1,645.30. The day's losses began in Asia. Japan's Nikkei 225 index fell 0.7 percent to close at 13,542.37. Hong Kong's Hang Seng dropped 0.6 percent to 21,874.77. South Korea's Kospi shed 0.1 percent to 1,885.84. Australia's S&P/ASX 200 rose 0.1 percent to 5,141.20. Benchmarks in Thailand, the Philippines, India, Singapore and Taiwan dropped. Mainland Chinese shares rose.