- Wall Street rebounds despite US inflation ticking higher
- Major reshuffle as Trudeau faces party pressure, Trump attacks
- Serbia schools to shut amid new protests over station collapse
- Serbia schools shut amid new protests over station collapse
- Gatland remains as Wales boss but must 'change fortunes on the pitch'
- Argentina's dollar craze cools under greenback-loving Milei
- Medici secret passageway in Florence reopens after refit
- Anger after Musk backs German far right
- Arteta says 'best is yet to come' as he marks five years at Arsenal
- Pereira happy to achieve Premier League 'target' with Wolves
- 'Dark lull' in German energy transition sparks political debate
- Russian skaters allowed to compete as neutrals in 2026 Winter Olympics
- Russian missile barrage on Kyiv kills one, damages embassies
- No longer Assad's mouthpiece, Syrian media face uncertainty
- US diplomats meet with Syria's new ruler
- EU, Swiss hail 'historic' new deal resetting relations
- Stocks retreat as US inflation ticks higher
- Two dead after Lapland tourist bus crash in Finland
- Fed's favored inflation gauge edges higher in November
- Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes
- Spain orders 25 more Eurofighter jets from Airbus
- Anti-whaling campaigner Paul Watson arrives in France
- Fed's favored inflation gauge rises again in November
- Spurs boss Postecoglou blasts 'offensive' personal criticism
- Seven-year-old dies in stabbing attack at Croatia school
- 'Life is short': Vonn makes comeback in St Moritz
- Man Utd's Mount out for 'several weeks' as injury woes return
- Chilwell likely to be first to ask to leave Chelsea, says Maresca
- US hours from government shutdown over Christmas
- French PM rushes to name new government by Christmas
- Russian missile barrage on Kyiv kills one, damages diplomatic missions
- Dias ruled out for up to four weeks as Man City suffer fresh blow
- Italy's Casse claims first World Cup win in Val Gardena super-G
- Brits kindle Christmas spirit with second-hand gifts
- French court to issue verdict in teacher beheading trial
- Serbia shuts schools amid new protests over station collapse
- Russia central bank holds off rate hike after criticism
- European stocks retreat further before US inflation data
- Liverpool's Slot says he is Postecoglou 'fan' ahead of Spurs clash
- Ringo and McCartney reunite for trip down memory lane
- Macron slammed over racist remarks Elysee denies he made
- Credit Suisse collapse probe slams banking regulator
- Italy's Salvini defiant as verdict due in migrant trial
- Malaysia agrees to resume search for missing MH370 plane
- Markets struggle as traders digest Fed's hawkish pivot
- China lifts rock lobster ban, bringing end to Australian trade barriers
- Asian markets struggle as traders digest Fed's hawkish pivot
- Medical help arrives by sea to Greece's isolated islands
- Taiwan lawmakers brawl over bills that would 'damage democracy'
- Ambushes and nostalgia on banks of frontline Ukraine river
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European stocks retreat further before US inflation data
European stock markets slid for a second session running Friday and the dollar dropped as investors grow concerned about the economic outlook for next year.
All eyes will be on US inflation data later in the session to see if it alters interest-rate cut expectations for the world's biggest economy.
The Federal Reserve this week trimmed US borrowing costs but signalled fewer cuts than had been expected for 2025.
Oil prices have also fallen since the Fed announcement.
"Markets remain cautious ahead of US inflation figures," noted Derren Nathan, head of equity research at stockbrokers Hargreaves Lansdown.
Paris and Frankfurt were down about 1.2 percent in late morning trade, while London lost 1.1 percent.
All three indices shed similar amounts by the close Thursday.
Leading Asian equity markets ended the week with slight losses after Wall Street steadied.
Traders are awaiting the release Friday of data on US personal consumption expenditure -- the Fed's preferred gauge of inflation and the last major piece of data for the year.
Wall Street provided a meek lead Thursday, having squandered an early bounce from Wednesday's plunge that had been sparked by the Fed's changed outlook over rates.
Data showing a forecast-topping rise in US economic growth and consumer spending did little to ease concerns that the Fed would keep borrowing costs higher for longer.
Official figures Friday revealed tepid retail sales in the UK in the runup to Christmas, hurting local government efforts to grow the British economy.
Investors are keeping a watch also on developments in Washington.
The House of Representatives has rejected a Republican-led funding bill to avert a government shutdown, with federal agencies due to run out of cash Friday night and cease operations from this weekend.
The legislation would have kept the government open through March and suspended the borrowing limit for president-elect Donald Trump's first two years in office.
- Key figures around 1045 GMT -
London - FTSE 100: DOWN 1.1 percent at 8,018.56 points
Paris - CAC 40: DOWN 1.2 percent at 7,206.22
Frankfurt - DAX: DOWN 1.2 percent at 19,725.94
Tokyo - Nikkei 225: DOWN 0.3 percent at 38,701.90 (close)
Hong Kong - Hang Seng Index: DOWN 0.2 percent at 19,720.70 (close)
Shanghai - Composite: DOWN 0.1 percent at 3,368.07 (close)
New York - Dow: UP less than 0.1 percent at 42,342.24 (close)
Euro/dollar: UP at $1.0388 from $1.0364 on Thursday
Pound/dollar: UP at $1.2509 from $1.2496
Dollar/yen: DOWN at 156.73 yen from 157.35 yen
Euro/pound: UP at 83.06 pence from 82.91 pence
West Texas Intermediate: DOWN 1.0 percent at $68.72 per barrel
Brent North Sea Crude: DOWN 1.0 percent at $72.19 per barrel
S.Keller--BTB