Wall Street equities were mixed and stocks on European and world markets moved higher on Tuesday, boosted by strong corporate earnings, while the euro reversed course and rose against the dollar.
Investors held off making big US equities bets as they waited for more earnings reports and news on Greece, said Scott Wren, senior global equity strategist at Wells Fargo Investment Institute in St. Louis.
"The focus in the very short term is earnings," he said. "I didn’t see any big beat or surprise in earnings today."
Europe’s pan-regional FTSEurofirst 300 index closed up 0.93 per cent, with Publicis, Sky and ARM Holdings all up more than 4 per cent after reporting results.
The MSCI gauge of stocks in major markets was up 0.3 per cent at 437.13.
The Dow Jones industrial average was down 51.37 points, or 0.28 per cent, at 17,983.56. The Standard & Poor’s 500 Index was up 0.04 points at 2,100.44. The Nasdaq Composite Index was up 28.23 points, or 0.57 per cent, at 5,022.84.
The benchmark 10-year U.S. Treasury note fell 4/32, the yield at 1.9105 per cent.