Global markets turn lower as 2018 trading gets underway

BEIJING (AP) — Stock markets turned lower in European hours on Tuesday, the first day of trading in 2018, as investors looked ahead to whether the record-setting equity run will last.

KEEPING SCORE: Germany's DAX fell 0.8 percent to 12,819 and France's CAC 40 shed 0.6 percent to 5,279. London's FTSE 100 retreated 0.5 percent to 7,650, coming off a record high it hit last week. On Wall Street, futures for the Dow Jones industrial average were flat, while those for the Standard & Poor's 500 were up 0.3 percent.

NEW YEAR: Investors are gauging whether 2018 might be as good for stocks as 2017, when many indexes hit record highs. U.S. stocks last year turned in their strongest annual performance since 2013.