TOKYO (AP) — Shares fell Tuesday in European and most Asian markets as new Chinese sanctions against the U.S. subsidiaries of a major South Korean shipbuilder shook a fragile sense of calm over trade tensions with Washington.

France's CAC 40 declined 0.8% in early trading to 7,873.25, while the German DAX lost nearly 0.9% to 24,181.83. Britain's FTSE 100 shed 0.2% to 9,426.92.

The future for the S&P 500 lost 0.8% while that for the Dow Jones Industrial Average was down 0.5%. On Monday, the S&P 500 jumped 1.6% to recover more than half its drop from Friday. The Dow Jones Industrial Average surged 1.3% and the Nasdaq composite gained 2.2%.

Investors will be watching for comments by U.S. Federal Reserve chair Jerome Powell to a meeting later Tuesday of the National Association for Busine

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