Stocks on Wall Street fell on Monday after Caterpillar slashed its 2012 forecast for the second time this year. The heavy-equipment maker warned the global economy is slowing more quickly than it had expected.
The Dow Jones index was down 72 points, or 0.5%, at 13,271. The Nasdaq Composite was down 1 point, or 0.02%, at 3005.
But the FTSE 100 in London was up 0.1%, the DAX in Frankfurt was up 0.6% and the CAC-40 in Paris rose 0.2%.
The Nikkei Index in Tokyo was up 176 points to 8983.
The Australian 200 Index was up 31 points, or 0.7% on Monday, at 4559.
The NZX50 index fell 14 points to close at 3988 on Friday. The market was closed on Monday.
At 8.20am on Tuesday, the New Zealand dollar was at 81.63 US cents, 79.23 Australian cents, 50.96 pence, 65.15 yen and 0.6250 euro. The Trade Weighted Index was at 72.81.
Brent crude oil was trading at $US113.51 per barrel and gold was trading at $US1741.68 per ounce.
