In European Equity Markets stocks closed lower Tuesday amid continued fears of a potential trade war and regulation for the technology sector. The pan-European Stoxx 600 closed almost half a percent lower with almost every sector in negative territory. Technology stocks were among the worst performers. Furthermore, Apple is reportedly looking at making its own chips for Mac computers which hit the stocks of European chipmakers. Austria Microsystems, an Apple supplier, saw shares over 2 percent lower. GKN also fell 3.6 percent after Melrose confirmed a $11 billion takeover of the British company.

In Currency Markets the US dollar rose on Tuesday, led by gains against the yen and Swiss franc, as risk appetite improved and Wall Street’s main indexes advanced, helping the currency stabilize after sharp declines the previous day. Against the yen, which tends to benefit in times of economic uncertainty, the dollar snapped three days of losses to trade 0.5 percent higher at 106.43 yen. The dollar also advanced versus another safe haven, the Swiss franc, rising 0.3 percent to 0.9584 franc. The euro fell 0.3 perfect after a survey showed the euro zone’s manufacturing boom faltered for a third month in March, although output remained robust.

In Commodities Markets oil prices edged up on Tuesday, after having posted their biggest one-day fall in almost a year the previous day, although higher Russian output and Saudi Arabia possibly cutting its selling prices acted as a drag. Brent crude futures were up 23 cents on the day at $67.87 a barrel, while West Texas Intermediate futures rose 28 cents to $63.29 a barrel. The oil price fell by more than 3 percent on Monday, marking its largest one-day fall since June. The American Petroleum Institute releases its weekly inventory data later on Tuesday and the U.S. government releases its figures on Wednesday. Inventories are expected to have risen by 1.7 million barrels in the week to March 30.

In US Equity Markets stocks rose on Tuesday as technology shares recovered from a sharp selloff a day earlier. All the 11 major S&P sectors were higher. Tesla shares gained 4.3 percent after the electric automaker said it need not raise more capital this year while announcing it built 2,020 of its cheaper Model 3 sedans in the last seven days of March. The S&P 500 was up 0.76 percent, at 2,601.54 and the Nasdaq Composite was up or 0.89 percent, at 6,931.11. Viacom Inc dropped more than 3 percent after Reuters reported CBS Corp planned to make an all-stock offer that valued the media company below its current market valuation. CBS shares were up 2.5 percent.

In Bond Markets Euro zone government bond yields nudged off recent multi-month lows on Tuesday as manufacturing surveys from the bloc’s largest economies showed that expansion remains broad-based. Government debt across the single currency bloc has been in demand on concerns over a potential trade war between the United States and other major economies. In late trade, 10-year euro zone bond yields were up 1-3 basis points on the day. The yield on Germany’s 10-year government bond, the benchmark for the bloc, was up 2 bps at 0.51 percent, having hit a 2-1/2 month low of 0.473 percent last week.