On Wall Street, chip stocks rose on renewed artificial intelligence optimism, APA reports, citing Reuters.
Shares of Exxon Mobil (XOM.N) were down 3.4% on Tuesday. On Monday, the raid on Venezuela had provided a boost to big U.S. oil companies' stock as investors bet Washington would give U.S. firms access to Venezuela's oil reserves. Trump's administration plans to meet executives from oil companies later this week to discuss boosting production in Venezuela.
The Dow Jones Industrial Average (.DJI) rose 484.90 points, or 0.99%, to 49,462.08, the S&P 500 (.SPX) rose 42.77 points, or 0.62%, to 6,944.82, and the Nasdaq Composite (.IXIC) rose 151.35 points, or 0.65%, to 23,547.17.
MSCI's gauge of stocks across the globe (.MIWD00000PUS) was last up 7.13 points, or 0.69%, at 1,035.15 and reached a record high during the session.
The pan-European STOXX 600 (.STOXX) index ended up 0.58% and hit a record high. Indexes in Germany and Spain hit record highs, as investors remained confident in the economic outlook despite escalating geopolitical tensions.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.17% to 98.56.
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