World Shares Wobbly After Wall Street Sinks Into Bear Market

A man wearing a protective mask moves past an electronic stock board showing Japan's Nikkei 225 index in Tokyo, Japan, on June 14, 2022. Shuji Kajiyama/AP Photo

TOKYO—Global stocks drifted lower Tuesday in the wake of Wall Street’s tumble into a bear market, as investors anxiously contemplated a new and uncertain world of higher interest rates, international conflict, and recession fears.

Shares traded down in Europe, erasing brief gains after the markets opened, while Asian shares fell but later recovered some gains.