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- Greek international Baldock, dead at 31: family
- EU talks deportation hubs to stem migration
- Deaths and repression sideline Suu Kyi's party ahead of Myanmar vote
- S. Africa offers a lesson on how not to shut down a coal plant
- China opens $71 bn 'swap facility' to boost markets
- Mets advance on Lindor grand slam, Yankees and Tigers win
- Taiwan President Lai vows to 'resist annexation' of island
- China's solar goes from supremacy to oversupply
- Asian markets track Wall St record as Hong Kong, Shanghai stabilise
- 'Denying my potential': women at Japan's top university call out gender imbalance
- China's central bank says opens up $70.6 bn in liquidity to boost market
- Zelensky on whirlwind tour of Europe ahead of US vote
- Youth facing unprecedented wave of violence, UN envoy warns
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- Death toll rises to 109 after Haiti gang attack, official says
- Tigers beat Guardians and on brink of advancing in MLB playoffs
- Argentina MPs back Milei's veto of university funding
- Man City sink Barca in Women's Champions League as Bayern outgun Arsenal
- Greek international Baldock, 31, found dead in pool: state agency
- Florida seaside haven a ghost town as hurricane nears
- Pharrell Williams to co-chair Met Gala exploring Black dandyism
- Wall Street indices hit fresh records as Chinese shares tumble
- Taiwan's president to deliver key speech for National Day
- Sea row on the menu as ASEAN leaders meet China's Li
- Injured Kane won't start England's Nations League clash with Greece
- Discord seen as online home for renegades
- US forecasts severe solar storm starting Thursday
- Mozambique starts tallying votes in tense election
- Zelensky moves to court European leaders in drive for military aid
- Ratan Tata: Indian mogul who built a global powerhouse
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- Fed minutes highlight divisions over rate cut decision
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- Run blitz edges India and South Africa closer to World Cup semi-finals
- Zelensky to court European leaders in drive for military aid
- Israel captain says 'difficult' to focus on football in time of war
US markets rise for second straight day as sentiment improves
US stocks rose for a second straight session in New York Tuesday, building on the prior day's momentum following a round of mostly good corporate earnings, while European markets also rose.
Sentiment was upbeat across major world indices thanks to easing Middle East worries, while traders are keenly awaiting the release this week of more major earnings and key US inflation data.
On Wall Street, the broad-based S&P 500 advanced 1.2 percent, while the tech-rich Nasdaq Composite Index jumped 1.6 percent, and the Dow Jones Industrial Average finished up 0.7.
General Electric, Spotify Technology and Kimberly-Clark were among the companies posting strong gains after releasing quarterly reports.
Briefing.com described the broad gains as "follow-through buying" after a rough period that generated talk that the market was oversold on a short-term basis.
Tesla earnings came after the closing bell, and showed a big drop in quarterly profits, putting elevated pressure on the electric vehicle market that has led to deep cost-cutting.
But traders ignored the gloomy results, pushing up the company's stock after hours by more than seven percent.
- 'Good news' in UK -
In Europe, London's FTSE 100 added 0.3 percent on the session, while major indexes in Paris and Germany also finished higher.
"Good news as this is, it does highlight the sluggishness of the UK's top equity index when compared to its US and European competitors," said David Morrison, senior market analyst at financial services provider Trade Nation.
But, he added, "let's not be too churlish as it could be we see the FTSE outperform its rivals in the years to come should investors seek out dividend-paying value stocks rather than techy growthy ones."
The index has in recent weeks been lifted by a weakening of the pound, particularly against the dollar, as markets anticipate cuts to UK interest rates in the coming months thanks to slowing price rises.
A weaker pound benefits FTSE-listed British multinationals that make big earnings in foreign currencies.
Frankfurt and Paris stock markets won a lift from news of an improvement to business activity in the eurozone this month and closed 1.6 percent and 0.8 percent ahead, respectively.
- Awaiting inflation data -
Key data out of Washington this week will provide a fresh idea about the US Federal Reserve's rate-cutting plans, particularly updates on US gross domestic product and monetary policymakers' preferred gauge of inflation.
The personal consumption expenditures (PCE) index, due out Friday, comes after three months of above-forecast readings on US consumer prices that have seen investors lowering their outlook for Fed rate cuts this year.
Markets expect headline PCE inflation to rise 0.3 percent in March from a month earlier, according to analysis by Briefing.com.
The so-called core measure of inflation, which strips out volatile food and energy prices, is expected to rise by the same amount, suggesting markets think the bumpy inflation path is likely to continue.
- Key figures around 2015 GMT -
New York - Dow: UP 0.7 percent at 38,503.69 points (close)
New York - S&P 500: UP 1.2 percent at 5,070.55 (close)
New York - Nasdaq Composite: UP 1.6 percent at 15,696.64 (close)
London - FTSE 100: UP 0.3 percent at 8,044.81 (close)
Paris - CAC 40: UP 0.8 percent at 8,105.78 (close)
Frankfurt - DAX: UP 1.6 percent at 18,137.65 (close)
EURO STOXX 50: UP 1.4 percent at 5,008.17 (close)
Tokyo - Nikkei 225: UP 0.3 percent at 37,552.16 (close)
Hong Kong - Hang Seng Index: UP 1.9 percent at 16,828.93 (close)
Shanghai - Composite: DOWN 0.7 percent at 3,021.98 (close)
Euro/dollar: UP at $1.0703 from $1.0656 on Monday
Dollar/yen: DOWN at 154.83 yen from 154.84 yen
Pound/dollar: UP at $1.2448 from $1.2354
Euro/pound: DOWN at 85.96 pence from 86.24 pence
West Texas Intermediate: UP 1.8 percent at $83.36 per barrel
Brent North Sea Crude: UP 1.6 percent at $88.42 per barrel
burs-lth/cw/rlp/da-jmb/dw
Th.Berger--AMWN