Global stocks lost ground on Tuesday, as investors paused after a rally that has seen Wall Street race past several records and European stocks recover most of their post-Brexit losses.

The Stoxx Europe 600 opened down 0.4%, dragged lower by financial and technology stocks. France's CAC 40 lost 0.5% and Germany's DAX was down 0.5%.

Asian equity markets were mixed Tuesday. Japan stocks rose for their sixth straight session amid continued expectations that the Bank of Japan will soon roll out stimulus for the economy. Other markets were down, with the Shanghai Composite Index falling 0.2% and the Hang Seng Index down 0.5%.

The moves in Asia came after U.S. stocks notched another record close on Monday. The Dow Jones Industrial Average rose 0.1% while the S&P added 0.3% amid better-than-anticipated bank earnings.

Investors on Wednesday were anticipating further results from major U.S. banks, with Goldman Sachs Group Inc. due to report earnings Tuesday and Morgan Stanley following on Wednesday.

In currencies, the Japanese yen was stronger against the dollar, rising 0.2%. The British pound, which has been in the firing line since the U.K. voted to leave the European Union, lost 0.4% against the greenback.

In commodities, Brent crude, the international oil price benchmark, traded down 0.2% at $46.86 a barrel Tuesday amid worries about the continued oversupply in the oil market.

Write to Georgi Kantchev at georgi.kantchev@wsj.com

(END) Dow Jones Newswires

July 19, 2016 04:05 ET (08:05 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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