Global markets showed mixed performance on Tuesday as investors prepared for upcoming US inflation data and continued to assess third-quarter earnings. The S&P 500 rose 0.2% as of mid-morning in New York, hovering near record highs after its most substantial two-day advance since June. The Dow Jones Industrial Average gained 0.7%, while the NASDAQ 100 was little changed.
In Europe, the Stoxx 600 Index increased by 0.2%, and the MSCI World Index was unchanged. Even though parts of the market were taking profits, the overall market sentiment remained strong as market players adjusted their positions ahead of major economic reports.
Currency markets reflected a shift toward safer assets. The Bloomberg Dollar Spot Index gained 0.3%, supported by expectations of steady interest rates. The euro slipped 0.3% to $1.1604, the pound fell 0.2% to $1.3372, and the yen weakened 0.7% to 151.87 per dollar. Bitcoin rose 1.1% to $112,327.79, and Ether increased 0.6% to $ 4,024.90, marking a gradual recovery in the cryptocurrency market.