Monday 19:40 GMT. Growth-sensitive assets are under pressure as investors avoid placing bold bets ahead of the US presidential election on Tuesday and amid mounting worries about Greece's ability to secure a bailout. The FTSE All-World equity index is down 0.4 per cent and copper, the industrial commodity bellwether, is off 0.5 per cent to $3.47 a pound. The FTSE Eurofirst 300 closed 0.6 per cent lower after the FTSE Asia Pacific index dipped 0.3 per cent. On Wall Street, the S&P 500 is trading slightly lower, supported by gains in Apple shares after the tech giant said it had sold 3m new iPads in just three days. The dollar index is up 0.2 per cent, though gold has managed to add $7 at $1,683 an ounce. Treasuries are in demand, with the 10-year yield slipping 3 basis points to 1.68 per cent. European bourses are following Asian stocks lower after both regions absorbed the negative shift in sentiment from Wall Street on Friday. A stronger than forecast US jobs report had initially buoyed "risk" assets at the end of last week, with investors welcoming further evidence that the economy was gaining traction. But the rally soon faded and the S&P 500 closed 0.9 per cent in the red. Investors are looking beyond the US election to the potential damage to the economy that would be caused by the country falling over the "fiscal cliff." Analysts at Capital Economics said: "The larger the margin of victory for either [presidential] candidate, the greater his authority, including in negotiating a deal to avoid the "fiscal cliff." Overall, then, the potential market fallout from the elections is not clear-cut. In Europe, investors are once again worried about the prospects for Greece ahead of some crucial parliamentary votes on fiscal reform. The euro is sitting near two-month lows - trading at $1.2783 compared with Friday's close of $1.2836 - on worries that Athens may not secure aid from its lenders. Spanish bonds, which tend to act as a proxy for eurozone angst, are attracting sellers, pushing 10-year yields up 11bp to 5.77 per cent. Expectations of another rate cut in Australia on Tuesday decreased after higher than expected inflation in October. The pound has dropped below $1.60 after a report showed the UK service sector last month grew at its slowest pace in almost two years. The US non-manufacturing base slowed modestly in October, too. Additional reporting by Jamie Chisholm in London