Global stock markets were ruffled Tuesday by gyrations in bond markets and lack of an outcome from bailout talks between Greece and its European creditors as the Greek government runs low on cash. Chinese stocks extended gains after an interest rate cut on the weekend, AP reported. Britain's FTSE 100 fell 1.6 percent to 6,917.08 and Germany's DAX sank 2.2 percent to 11,419.52. France's CAC 40 dropped 1.9 percent to 4,933.01. Futures showed Wall Street was headed for a down day. S&P 500 futures dropped 0.7 percent to 2,083.20 and Dow futures fell 0.8 percent to 17,902.00. Japan's Nikkei 225 was flat at 19,624.84 and Republic of Korea's Kospi was also little changed at 2,096.77. Australia's S&P/ ASX 200 rose 0.9 percent to 5,674.70 and China's Shanghai Composite index advanced 1.6 percent to 4,401.22. Benchmark U.S. crude gained 46 cents to $59.72 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, a benchmark for international oils, rose 62 cents to $66.24 in London. The dollar fell to 120.08 yen from 120.16 yen in the previous trading session. The euro strengthened to $1.1258 from $1.1147.
