In European Equity Markets the pan-European Euro Stoxx 600 Index was higher by almost 0.8 percent at the closing bell, with major bourses and sectors mostly in positive territory. Media stocks jumped 1 percent after the European Parliament approved an overhaul to EU copyright law that could mean big tech will have to pay media producers for their content. Ocado shares jumped almost 3.8 percent after it signed an e-commerce partnership with Australia’s Coles. Airbus shares were up by 2 percent after China agreed to buy 300 of its planes in a deal worth tens of billions of dollars.

In Currency Markets the U.S. dollar inched higher against a basket of currencies on Tuesday as U.S. benchmark 10-year yields rose from 15-month lows on solid gains in U.S. shares, brushing aside disappointing domestic data on housing starts and consumer confidence. The euro slipped on Tuesday, reversing some of Monday’s gains tied to a stronger-than-forecast German business confidence survey. The euro was down 0.17 percent at $1.1293. On the other hand, reduced safe-haven bids caused the yen to fall 0.54 percent to 110.56 per dollar.

In Commodities Markets oil rose 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining U.S. inventories. Despite concerns about weaker demand due to an economic slowdown, oil prices have risen more than 25 percent this year, supported by supply curbs by the Organization of the Petroleum Exporting Countries plus allies, and losses due to U.S. sanctions on Iran and Venezuela. Brent was up 79 cents at $68.00 a barrel, not far from its 2019 high of $68.69 reached on March 21.

In US Equity Markets main indexes gained for the first time in three sessions on Tuesday, as Apple and chip-makers boosted technology shares, while energy companies rose on the back of higher crude oil prices. All 11 major S&P sectors were trading higher, led by energy’s 1.87 percent gain. The S&P 500 was up 1.05 percent, at 2,827.81 and the Nasdaq Composite rose 1.16 percent, at 7,726.36. Carnival Corp fell 7.89 percent, the most on the S&P, after the world’s largest cruise operator cut its annual profit forecast.

In Bond Markets benchmark 10-year Treasury yields rose off 15-month lows and a closely watched part of the yield curve was less inverted on Tuesday as risk assets showed signs of stabilization after two days of weakness. Benchmark 10-year notes were last down 5/32 in price to yield 2.435 percent after falling to 2.377 percent on Monday, the lowest since December 2017.The Treasury Department will sell $40 billion in two-year notes on Tuesday, the first sale of $113 billion in coupon-bearing supply this week.