The Wall Street market was seen in a green trend, after closing at the highest level as a result of the encouragement of US technology companies that managed to record strong earnings.
The Dow Jones Industrial average was up 0.63%, the S&P 500 was up 0.94%and the Nasdaq Composite was up 0.5%.
The STOXX 600 index of European companies rose 0.45%, it was a rise for 3 consecutive sessions and almost recovered half of the losses recorded in January.
MSCI's worldwide share gauge rose 0.80%.
Meanwhile, there was an unexpected drop in US ADP private sector employment data that affected US treasury yields, causing investors to worry about the broad -based employment report to be released on Friday.
The record inflation in the European zone, which hit a high of 5.1% in January, exceeded expectations with a decline of 4.4%, further pushing German bond yields to their highest level in several years as well as causing the Euro to soar.
The European central bank (ECB) has continued to insist that the price hike is temporary and harmless, but the market will continue to scrutinize its decision when it meets on Thursday.
Meanwhile, the Asian market was closed due to the Chinese New Year celebrations.
The bond market selling session came to a halt on Tuesday with the benchmark US 10 -year treasury yield falling 1 basis point at 1.768%.
The dollar index fell 0.29% while the Euro rose 0.31% at $ 1.1304 and other risky currencies such as the Australian dollar, the Euro and the British Pound rallied.
Meanwhile, OPEC+ has agreed to increase oil production by 400,000 bpd from March. However, this decision caused US crude oil prices to fall 0.22% at $ 88.01 a barrel, while Brent oil rose 0.2% at $ 89.34.
Spot gold was up 0.3% at $ 1,806.81 an ounce.
