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Major North American indexes fell in early trading on Tuesday, following world markets downward. Elsewhere, Asian and European stocks mostly fell, with South Korea's KOSPI in particular losing 10 per cent.
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A deadly heat wave is tightening its grip on Europe, sending temperatures soaring toward record levels and forcing authorities across the continent to close schools, cancel public events and even restrict alcohol consumption
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Oil falls Tuesday as investors continue to assess the latest developments in the Middle East, while showing optimism the conflict may end soon.
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The discussions at the Swiss resort of Bürgenstock marked the first negotiations since Washington and Tehran signed a memorandum of understanding last week.
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