Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
Asia Pacific markets were mostly in negative territory on Friday morning as investors remained worried over trade tensions between the United States and China.Asia Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
European shares closed slightly higher on Tuesday, as the U.K.'s FTSE Index rose after being closed for a public holiday and other bourses took a breather from their rally on Monday.
Ukraine boosts stocks
The pan-European Euro Stoxx 600 Index provisionally closed up 0.2 percent at 1,378.79 points.
Investors had been reacting to the latest round of elections that took place at the weekend. Shares were boosted after Ukrainian elections showed a promising majority for President-elect Petro Poroshenko.
The German DAX index closed up unofficially 0.5 percent on Tuesday, having hit an all-time high Monday.
Italian stocks failed to repeat the strong surge seen Monday after European Union election results highlighted strong support for the new coalition headed by center-left Prime Minister Matteo Renzi. The FTSE MIB closed down around 0.4 percent.
"The weekend vote in the Ukraine appears to have been one major catalyst for yesterday's strong European session, with the new Ukrainian President Petro Poroshenko making conciliatory noises towards Russia, as well as the European Union in an attempt to bring together the various factions in an attempt to de-escalate recent tensions," Michael Hewson, the chief market analyst at CMC Markets, said in a note.
Bourses have also been boosted by expectations for a rate cut from the European Central Bank (ECB). ECB president Mario Draghi said in a speech on Monday that the central bank must be prepared to take action if risks posed by low inflation emerge.
On the data front, a French consumer confidence index for May showed continued stagnation. The index, released by statistics INSEE, remained at 85 this month, well below a long-term average of 100. However, France's CAC 40 Index closed up Tuesday around 0.1 percent.
Aveva shares surge
In stocks news, Aveva shares closed up around 9 percent after the British software developer reported full-year profit had jumped by 11 percent.
Lloyds shares closed up around 1 percent after the U.K. bank announced its plans to float about 25 percent of its TSB business on the London Stock Exchange.
Shares of the Intercontinental Hotels Group closed up around 3 percent after the U.K. media reported over the weekend that there was interest in the London-listed company.
Follow us on Twitter: