World Stocks Decline After Wall Street Logs Its Worst Week in Last 10

A currency trader watches computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), (L), and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, on Jan. 8, 2024. Lee Jin-man/AP Photo

HONG KONG—European markets opened weaker while Asian stocks retreated on Monday after Wall Street logged its worst week since Halloween.

The futures for the S&P 500 edged 0.1 percent lower and that for the Dow Jones Industrial Average lost 0.3 percent, after Congressional leaders reached an agreement on overall spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.