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Article posted: 10/9/2012 7:29 AM

World stocks stall after Asian session

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Workers count the small currency notes from bus fares at the accounting center of a bus company in Rizhao city in east China's Shandong province.

Associated Press

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World stock markets mostly declined Tuesday against a backdrop of worries about global economic growth and Europe’s debt crisis.European Finance Ministers were meeting in Luxembourg but were not expected to take any strong action, even as yields on Spain’s government debt have once again begun rising. Meanwhile, comments by the International Monetary Fund on the global economy “provide a gloomy backdrop” for the day, said Monument Securities analyst Marc Ostwald.