The Latest: European stock markets run out of steam

A man looks at an electronic stock board showing Japan's Nikkei 225 at a securities firm in Tokyo, Tuesday, Feb. 23, 2016. Asian stock markets were mostly weaker on Tuesday as the price of crude oil turned lower following a surge overnight. (AP Photo/Eugene Hoshiko) A man looks at an electronic stock board showing Japan's Nikkei 225 at a securities firm in Tokyo, Tuesday, Feb. 23, 2016. Asian stock markets were mostly weaker on Tuesday as the price of crude oil turned lower following a surge overnight. (AP Photo/Eugene Hoshiko)

By Associated Press February 23, 2016 1 min read

LONDON (AP) – The Latest on global financial markets (all times local):

10:10 a.m.

The rally across European stock markets ran out of steam in early trading after a soft overnight performance in Asia and as oil prices weakened again.

Among the major indexes, Germany’s DAX is trading 0.9 percent lower at 9,485, while the FTSE 100 index of leading British shares is down 0.7 percent at 5,996.

After last week’s strong performance and Monday’s big gains, most indexes in Europe remain well up from their recent lows.