• Trader Tommy Kalikas right, works on the floor of the New York Stock Exchange, Monday, Nov. 23, 2015. Stocks are opening slightly lower as the market loses momentum after logging its biggest weekly gain of the year. (AP Photo/Richard Drew)

    European stocks sink as instability fears vex investors

    HONG KONG (AP) — European stock markets opened sharply lower Tuesday as jitters about instability in the Middle East intensified while Asian stock markets dithered as slumping commodity prices weighed on shares of resource companies.

  • In this July 6, 2015 photo, American flags fly at the New York Stock Exchange on Wall Street.   Another hint from European Central Bank President Mario Draghi that the bank is poised to pull the trigger on another stimulus package helped shore up European stock markets on Friday, Nov. 20, 2015. (AP Photo/Mark Lennihan)

    World stocks drift as Fed-fueled rally fades

    NEW YORK (AP) — Big gains by retailers are lifting the stock market in early trading.