GLOBAL MARKETS-US Stocks Fall and Dollar Climbs after Strong Data

GLOBAL MARKET - LONDON. U.S. stocks gave up earlier gains and the dollar and bond yields climbed on Tuesday after data showed the U.S. economy remained strong at the end of last year, potentially further limiting the scope for Federal Reserve rate cuts.

European stocks held their gains after rallying on Monday following a report saying President-elect Donald Trump's aides are considering narrower tariffs than previously thought.