World shares were mixed on Tuesday after U.S. stock indexes inched to more records at the start of a week of profit updates from big U.S. companies.

Germany's DAX lost 0.9% to 24,086.56 and the CAC 40 in Paris gave up 0.6% to 7,753.96. Britain's FTSE 100 was nearly unchanged at 9,015.35.

President Donald Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking closer security and economic ties in the face of shifting geopolitics in the Indo-Pacific region.

Marcos, who met Secretary of State Marco Rubio and Defense Secretary Pete Hegseth on Monday, is set to become the first Southeast Asian leader to hold talks with Trump in his second term.

Asian countries are offering to buy more U.S. liquefied natural gas in negotiations with the Trump administration as a way to alleviate tensions over U.S. trade deficits and forestall higher tariffs. Analysts warn that strategy could undermine those countries' long-term climate ambitions and energy security.

Buying more U.S. LNG has topped the list of concessions Asian countries have offered in talks with Washington over President Donald Trump's sweeping tariffs on foreign goods. Vietnam's Prime Minister underlined the need to buy more of the super-chilled fuel in a government meeting, and the government signed a deal in May with an American company to develop a gas import hub. JERA, Japan's largest power generator, signed new 20-year contracts last month to purchase up to 5.5 million metric tons of U.S. gas annually starting around 2030.

China's state security agency says it is cracking down on alleged smuggling of rare earths minerals that it says threaten national security, just weeks after Beijing and Washington agreed to make it easier for American firms to obtain from China those materials, which are critical for manufacturing and computer chip production.

In a report published Friday in the state-run newspaper Global Times, the Ministry of State Security said foreign "espionage and intelligence agencies" were colluding to steal rare earths-related goods by repackaging and relabeling rare metals to hide their Chinese origin.

Wall Street is drifting on Friday toward the finish of its third winning week in the last four, as more big U.S. companies deliver stronger profits for the spring than analysts expected.

The S&P 500 was 0.2% higher in early trading after setting its all-time high the day before. The Dow Jones Industrial Average was down 25 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was up 0.4% after coming off its own record.

The House gave final approval to President Donald Trump's request to claw back about $9 billion for public broadcasting and foreign aid early Friday as Republicans intensified their efforts to target institutions and programs they view as bloated or out of step with their agenda.

The vote marked the first time in decades that a president has successfully submitted such a rescissions request to Congress, and the White House suggested it won't be the last. Some Republicans were uncomfortable with the cuts, yet supported them anyway, wary of crossing Trump or upsetting his agenda.

The Central Bank has denied a media report that claimed it intends to shut down the branches of the Hezbollah-affiliated Al-Qard Al-Hasan Association across Lebanon.

The European Union and Britain on Friday ramped up pressure on Russia over its war on Ukraine, targeting Moscow's energy sector, shadow fleet of aging oil tankers and military intelligence service with new sanctions.

"The message is clear: Europe will not back down in its support for Ukraine. The EU will keep raising the pressure until Russia ends its war," EU foreign policy chief Kaja Kallas said after the bloc agreed its new measures, including a new oil price cap.

Lebanese authorities intend to shut down all money exchange firms that deal with Hezbollah and the Central Bank intends to shut down Al-Qard Al-Hasan’s branches across Lebanon, Al-Arabiya’s Al-Hadath channel quoted unnamed sources as saying on Thursday.

PepsiCo reported better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.

Sales of Frito-Lay and other snacks fell 1% in North America during the April-June period, PepsiCo said Thursday, while beverage sales slid 2% in the region.