US: The U.S. stock market resumed its January tumble after Citigroup Inc. reported a record loss, retail sales unexpectedly dropped and falling oil prices dragged down energy shares.
Europe: European stocks declined the most in almost eight weeks after Tesco Plc reported sales that trailed estimates, Hypo Real Estate Holding AG's profit dropped and reports signaled slowing regional and U.S. economic growth.
Asia: Asian stocks fell, led by Toyota Motor Corp. and Honda Motor Co., after the yen strengthened to the highest in seven weeks, eroding the value of the Japanese carmakers' overseas sales when converted into their home currency.
Commodities: Crude oil fell more than $2 a barrel in New York after a U.S. government report showed that retail sales unexpectedly declined last month and Saudi Arabia's oil minister said OPEC is ready to increase production. Gold futures fell from a record after the dollar rebounded against the euro and energy costs eased, reducing the appeal of the precious metal as an alternative investment. Silver also declined.
Currencies: The dollar fell to the lowest level since 2005 against the yen after U.S. retail sales dropped in December, bolstering speculation the economy is headed for recession.
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