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AAP
AAP
Business
ELAINE KURTENBACH (AP Business Writer)

European shares climb and Asian shares retreat after US stocks pause their record-breaking rally

World shares were mixed Thursday after declines on Wall Street that snapped a nine-day winning streak for the S&P 500.

Oil prices fell back after Israel and Lebanon said they had agreed to renew their fragile ceasefire and create a number of "pilot" security zones inside Lebanon from which Hezbollah militants would be banned.

Crude had surged Wednesday when both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.

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