Stock markets tread water after volatile session

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Stock markets tread water after volatile session

NEW YORK, New York - Stock markets were treading water Tuesday after a number of losses over the past few days.

The U.S. dollar went up on foreign exchange markets.

The British pound fell to 1.1985 by the New York close Tuesday. The Japanese yen weakened to 135.18. The Swiss franc was sharply lower at 1.0016. The euro fell to 1.0412.

The Australian dollar fell to 0.6865. The New Zealand dollar was weaker at 0. The Dow Jones fell by 151.91 points or 0.50 percent on equity markets to 30,364. The Nasdaq Composite gained by 19.12 points or 0.18 percent to 10,828. The Standard and Poor's 500 fell 14.15 points or 0.38 percent to 3,735. The FTSE 100 in London fell by 0.25 percent on overseas equity markets. The German Dax was off 0.91 percent. The CAC 40 retreated 1.20 percent in Paris.

The Australian market sold the All Ordinaries off after a long weekend, peeling 264.00 points or 3.69 percent from the benchmark index, with the closing level at 6,881. In New Zealand, the S&P NZX 50 dropped by 283.34 points or 2.59 percent to 10,641. In South Korea, the Kospi Composite gave up 11.54 points or 0.46 percent to 2,492. China's Shanghai Composite gained 33.36 points or 1.02 percent to 3,288, compared to the trend by going against the trend. The Hang Seng in Hong Kong moved up 0.39 of a single point to 23,067, as a result of a 0.39 of a single point.