European shares posted their worst day in two weeks on Tuesday as rising bond yields, worries about the war in Ukraine and a batch of upcoming earnings kept investors on edge, while energy shares outperformed despite plunging oil prices.

HOUSTON (Reuters) -Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of higher inflation.

Chicago Federal Reserve Bank President Charles Evans on Tuesday said that while it's too early to think that inflation dynamics are improving, there were some "positive" developments in the most recent inflation report.

(Reuters) -Johnson & Johnson on Tuesday said it could no longer provide a forecast for sales of its COVID-19 vaccine, as vaccine hesitancy in low income countries paired with already low demand in higher income nations has led to a glut of supply.

Italian motorway and airport caterer Autogrill said it was having talks with industry peers and reviewing its options after Bloomberg reported on a potential tie-up with Swiss duty-free retailer Dufry.

(Reuters) -A Black man who was killed by a Grand Rapids, Michigan police officer during a traffic stop earlier this month was shot in the back of the head, a forensic pathologist who performed an independent autopsy said on Tuesday.