By PAN PYLAS and KELVIN CHANLONDON (AP) — Conciliatory comments from U.S. President-elect Donald Trump in the aftermath of his stunning victory over Hillary Clinton helped global stock markets recover a large chunk of their earlier losses Wednesday. Though uncertainty remains over Trump's trade, immigration and geopolitical policies and what his victory means for the future of globalization, investors appeared somewhat calmed by his victory speech, in which he praised Clinton and urged Americans to "come together as one united people" after a divisive campaign. "While Trump slightly soothed some concerns in his victory speech, uncertainty remains over what kind of a U.S. he plans to lead," said Craig Erlam, senior market analyst at OANDA. In Europe, Germany's DAX was down 0.9 percent at 10,384 while the FTSE 100 index of leading British shares was 0.4 percent lower at 6,818. U.S. stocks are expected to open lower, too, though by far less than earlier predicted. Dow futures are 1.6 percent lower at 17,991 while the broader S&P 500 futures were down 1.7 percent at 2,100. While those retreats are sizeable, they pale in comparison with the losses registered earlier, particularly in U.S. markets. As Trump gained the lead in the electoral vote count, share prices tumbled in Asia, which were open during the election results. Dow futures plunged 4 percent at one point. By the time Trump was confirmed the winner and made his speech, financial markets had steadied. The dollar also recouped some ground, while assets that many investors search out at times of uncertainty, such as gold and the Swiss franc, came off earlier highs. An ounce of gold was up 2.4 percent at $1,305 while the dollar reversed earlier losses to trade 0.1 percent higher at 0.9783 Swiss franc. One currency that remains heavily sold is the Mexican peso. It was down 8.5 percent as the prospect of a wall along the United States' southern border — a key campaigning point for Trump — has come one step closer to reality. Trump has insisted that Mexico will pay for the wall. Also potentially impacting the peso is Trump's threat to rip up trade deals like the North American Free Trade Agreement, a key plank in Mexico's economic strategy and growth.