The German market is trading higher on Tuesday, following positive cues from Wall Street overnight. That said, gains were limited as caution prevailed among investors.
In economic news, the U.K. Office for National Statistics reported that industrial production in the U.K. rose 0.4 percent month-over-month and by 4.4 percent annually in April. The monthly increase was in line with estimates, while the annual growth exceeded expectations.
The Bank of France released the results of its business confidence survey showing deterioration in confidence, with the corresponding index declining unexpectedly by 1 point to 97 in May.
The bank also said it expects the French economy to expand by 0.2 percent in the second quarter after the stagnation in the first quarter.
Industrial output data released by French statistical office INSEE showed that industrial production rebounded by 0.3 percent month-over-month in April, in line with expectations.
The Euro Stoxx 50 index of eurozone bluechip stocks is adding 0.14 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is falling 0.17 percent.
The DAX index is advancing 0.14 percent.
K+S is gaining 2 percent and Henkel is advancing 1.2 percent. Societe Generale raised Henkel to ''Buy'' from ''Hold.''
Adidas, Bayer and Beiersdorf are moderately higher.
Bucking the trend, ThyssenKrupp is losing 1.6 percent.
BMW said its vehicles deliveries in May grew 6.8 percent with good growth in BMW brand sales. Meanwhile, sales of MINI brand declined from last year. The stock is down 0.3 percent.
The Asian markets closed mixed, with the Japanese, New Zealand and Singaporean markets closing lower, while most other major markets advanced.
In the U.S., futures point to a lower open on Wall Street. In the previous session, stocks showed a lack of direction over the course of the trading day but managed to end modestly higher. The Dow and the S&P 500 edged up 0.1 percent each, while the Nasdaq rose 0.3 percent.
Among commodities, crude for July delivery is gaining $0.22 to $104.63 per barrel while gold is sliding $0.4 to $1253.5 a troy ounce.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.