- Usyk heavyweight glory hailed as 'Ukrainian victory'
- Cannes narco musical star says being trans should be 'unimportant'
- Shelling kills ten in Ukraine region under Russian offensive
- DR Congo thwarts Kinshasa 'coup attempt' : army
- Injured Sinner back on road to French Open
- Dominican Republic votes for president in poll overshadowed by Haiti crisis
- France says will quell New Caledonia riots 'whatever the cost'
- 'Blood everywhere': Survivor recounts attack on tourists in Afghanistan
- Deadly bombs hit Gaza as US security envoy visits Israel
- World javelin champion Kitaguchi lays down marker in Tokyo
- Hundreds protest Taiwan's ruling party on eve of inauguration
- French forces smash roadblocks in bid to clear key New Caledonia road
- Russian exiles in Georgia inspired by protests but scared
- Taiwan's next president goes shrimp fishing with foreign guests
- Can Costner lead the revenge of France's much-mocked Kevins?
- Dramas elevate Iran cinema but it's comedy that sells
- Fury unsure on rematch after Usyk inflicts his first defeat
- Taiwan coast guard ramps up island patrols ahead of inauguration
- 'Maldives what?': Saudi fashionistas attempt beach rebrand
- Dallas rally to down Thunder, reach NBA Western Conference finals
- The French 'Erin Brockovich' vs Goodyear
- History-chasing Man City eye Premier League title 'destiny'
- Body of second missing Mongolian climber found on Everest
- Campana's late stunner gives Miami victory over D.C.
- Iraq father begins legal action against BP over son's cancer death
- Dominican Republic's vote is dominated by Haiti crisis
- Blue Origin flies thrill seekers to space after two year hiatus
- Biles launches Olympic year with impressive Core Hydration Classic win
- Usyk in tears for late father after historic heavyweight win
- Can we rid artificial intelligence of bias?
- Forgotten D-Day cameramen out of shadows, 80 years on
- Hollywood battles aging -- in film reels
- 'Blood in the water' for record low scores in PGA final round
- Usyk beats Fury to become undisputed world heavyweight boxing champion
- Seize the Grey wins Preakness for 88-year-old trainer Lukas
- Lowry's 62 equals low major round as Schauffele, Morikawa lead PGA
- Second major win would mean a lot for danger-man Lowry
- Tourists wounded in deadly Afghanistan shooting are stable: hospital
- Lowry matches low major round with 62 as Schauffele leads PGA
- Top-ranked Korda takes LPGA lead at Liberty National
- Benjamin wins LA 400m hurdles in blistering 46.64sec
- Ahly stay on track for 12th title after holding Esperance
- Three Spaniards, three Afghans killed in shooting in Afghanistan
- Canadian oil city lifts wildfire evacuation orders
- Schauffele clings to PGA lead as Lowry makes epic charge
- Swiatek 'staying humble' for French Open after third Rome title
- Chinese director Jia mines leftover footage for top Cannes film
- Zelensky expects Russia offensive in northeast Ukraine to intensify
- Bengaluru win six in row to make IPL play-offs, Chennai out
- Klopp joins social media to cement Liverpool 'love affair'
Sideways day on Wall Street as London notches another record
The rally in Wall Street stocks took a pause Tuesday while many overseas bourses pushed higher amid renewed optimism that the US Federal Reserve could cut interest rates this year.
Major US indices finished flat after a choppy session, a sideways performance that could persist until investors digest significant economic releases later in the month.
"The market might just be due for some pause, consolidation," said LBBW's Karl Haeling.
Analysts pointed to light trading volume in a comparatively quiet period of news after last week saw major earnings reports, economic releases and a Fed decision.
Upcoming potential catalysts include US consumer price data and Walmart results, both of which are scheduled for next week.
Wall Street had risen the last three days following Fed Chair Jerome Powell's statement last week that he does not expect further interest rate hikes.
Earlier Tuesday London reached yet another record high, as did Amsterdam.
"This week is light on high-profile economic data, but heavy on Fed members hitting the speaking circuit," said Chris Larkin at E*Trade from Morgan Stanley.
"Traders will be dissecting any comments they make about potential rate cuts."
Focus is also on the first-quarter earnings season.
Swiss banking giant UBS on Tuesday said net profit rose 71 percent to nearly $1.8 billion in the January-March period, far exceeding expectations, after two quarters in the red owing to its mammoth takeover of Credit Suisse.
Switzerland's biggest bank said its turnover increased by 46 percent to $12.7 billion, largely thanks to its investment banking arm, which had been the key part in the mega-merger.
UBS shares rallied on the Swiss stock exchange, finishing the day up more than seven percent.
On the downside, shares in BP eased 0.7 percent after the British energy giant said its net profit slumped 72 percent in the first quarter, as gas prices declined from a year earlier.
Profit after tax tumbled to $2.3 billion from $8.2 billion in the first three months of 2023.
Shares in Disney slumped nearly 10 percent in New York despite reporting its first streaming profit.
"Expectations for Disney's earnings were high, as the share price has risen by nearly 30 percent year-to-date," said Kathleen Brooks, research director at XTB.
"With a decent rally coming into these results, nothing less than perfection was acceptable to the market," she added.
Disney saying this quarter's entertainment revenues were softer than expected may have also spooked investors, Brooks said.
- Key figures around 2030 GMT -
New York - Dow: UP 0.1 percent at 38,884.26 (close)
New York - S&P 500: UP 0.2 percent at 5,187.70 (close)
New York - Nasdaq Composite: DOWN 0.1 percent at 16,332.56 (close)
London - FTSE 100: UP 1.2 percent at 8,313.67 (close)
Paris - CAC 40: UP 1.0 percent at 8,075.68 (close)
Frankfurt - DAX: UP 1.4 percent at 18,430.05 (close)
EURO STOXX 50: UP 1.2 percent at 5,016.10 (close)
Tokyo - Nikkei 225: UP 1.6 percent at 38,835.10 (close)
Hong Kong - Hang Seng Index: DOWN 0.5 percent at 18,479.37 (close)
Shanghai - Composite: UP 0.2 percent at 3,147.74 (close)
Euro/dollar: DOWN at $1.0758 from $1.0769 on Monday
Pound/dollar: DOWN at $1.2509 from $1.2538
Dollar/yen: UP at 154.68 yen from 153.92 yen
Euro/pound: UP at 85.98 from 85.89 pence
West Texas Intermediate: DOWN 0.1 percent at $78.38 per barrel
Brent North Sea Crude: DOWN 0.2 percent at $83.16 per barrel
burs-jmb/mlm
D.Schneider--BTB