Europe gains, Asia ends lower
London and Paris stocks lead advance in early Tuesday trading. Tokyo closed for a holiday.
ATLANTA (CNN) -- Europe's major markets gained ground Tuesday morning, ignoring slumping indexes in Asia and on Wall Street.
London and Paris were both up about three-quarters of a percent, while Frankfurt was narrowly higher.
In contrast, Asian and Pacific markets were all lower Tuesday.
Australia's All Ordinaries index dropped 0.7%, while Hong Kong's Hang Seng index slipped 2.8%, the Shanghai composite index fell 4.6% and Seoul's KOSPI index tumbled 3%.
Tokyo's Nikkei exchange was closed Tuesday.
Wall Street stocks fell Monday in a thinly traded session amid concerns about fourth-quarter corporate earnings, falling oil prices and ongoing woes in the auto industry.
The Dow Jones Industrial Average fell 59.42, or 0.7%, to 8,519.69. The Standard & Poor's 500 index dipped 2% to 871.63 and the Nasdaq composite was down 1.8% to 1,532.35.