Europe markets closed lower. London's FTSE 100 index was off 62.10 points, or 1.21%, to 5074.20 even though European investor optimism has risen. Bonds are higher in a flight to safety from worries about an India-Pakistan confrontation.
In Paris, the CAC-40 was down 21.14 points, or 0.48%, to 4,339.57.
Germany's DAX index was off 42.98 points, or 0.87% to 4,918.58 in carryover from yesterday's rise on stronger than expected Ifo sentiment index.
Asian markets closed mixed. The Nikkei index in Japan was down 40.27 points, or 0.34%, to 11,936.08 as exporter shares rose on the back of stability in the currency markets while domestic-related shares fell on profit-taking.
The Hang Seng index in Hong Kong was up 16.85 points, or 0.15%, to 11,581.58.