GLOBAL MARKETS-Stocks fall, bonds gain as investors seek safety

* U.S. stocks fall in early trading
* Low-risk bond yields fall after Turkey downs Russian jet
* U.S. travel warning hits tourism-linked stocks

(Updates with U.S. market openings, changes dateline, previous
LONDON)
By Caroline Valetkevitch
NEW YORK, Nov 24 (Reuters) - World stock markets fell while
government debt prices rose on Tuesday as investors sought
safety in low-risk assets after Turkish jets shot down a Russian
warplane near the Syrian border.
The dollar fell against the traditionally safe-haven
Japanese yen, helping to push oil and metals prices higher. Gold
rose 1 percent.
Travel and leisure stocks .SXTP fell after the U.S. State
Department late Monday warned U.S. citizens of the risk to
worldwide travel posed by what it called increased terrorist
threats. ID:nL1N13I2IM United Continental UAL.N , American
Airlines AAL.O and Delta Air Lines (N:DAL) DAL.N all were lower in
early U.S. trading.
The warplane incident was the first time a NATO member's
armed forces had shot down a Russian or Soviet military aircraft
since the 1950s. Russia said its plane had been downed over
Syria.
"This has really gotten investors' attention," said Jack
Ablin, chief investment officer at BMO Private Bank in Chicago.
"Investors are worried that tensions could escalate."
Wall Street cut its losses in midday trading, however.
The Dow Jones industrial average .DJI fell 16.9 points, or
0.09 percent, to 17,775.78, the S&P 500 .SPX lost 5.46 points,
or 0.26 percent, to 2,081.13 and the Nasdaq Composite .IXIC
dropped 25.30 points, or 0.5 percent, to 5,077.18.
The MSCI index of global stock markets .MIWD00000PUS fell
0.3 percent, and a broad gauge of European stocks .FTEU3
dropped 1.3 percent.
Turkish shares .XU100 dropped, as well, while the prospect
of escalating tension between the former Cold War foes gave an
additional push lower to German yields.
In U.S. Treasuries, the 30-year yield hovered near 3
percent, while benchmark 10-year Treasuries notes US10YT=RR
were up 6/32 in price to yield 2.227 percent.
The dollar index .DXY , which measures the dollar against
six major world currencies, fell 0.1 percent.
But the dollar's weakness and escalating tensions in the
Middle East helped oil prices, with Brent futures LCOc1 up
more than 2 percent at $45.81 a barrel and U.s. crude CLc1
also up more than 2 percent at $42.70.
Gold rose, recovering from near six-year lows after the
warplane news. Spot gold XAU= peaked at $1,080.51 and was up
0.7 percent at $1,077.30 an ounce.