NEW YORK, New York - Global stock markets closed with sharp divergences Tuesday, as U.S. indexes delivered a mixed performance while Asian benchmarks posted strong gains, led by a dramatic rally in South Korea.

On Wall Street, the Standard and Poor's 500 fell 19.08 points, or 0.26 percent, to close at 7,386.65. Trading volume reached 3.372 billion shares. The index moved between a low of 7,237.85 and a high of 7,483.15 during the session. Its 52-week range stands at 5,943.23 on the low end and 7,620.90 at the high.

The Dow Jones Industrial Average, however, managed to post a gain, rising 86.10 points, or 0.17 percent, to finish at 50,872.11. Volume on the Dow totaled 559.308 million shares. The blue-chip index traded within a daily band of 50,211.12 to 51,260.92, and its 52-week range extends from 41,981.14 to 51,660.40.

The tech-heavy NASDAQ Composite was the biggest loser among major U.S. indexes, dropping 250.84 points, or 0.97 percent, to end at 25,678.82. Volume reached 10.481 billion shares.

Elsewhere in North America, Canada's S&P/TSX Composite index slipped 67.05 points, or 0.19 percent, to 34,411.69, with volume of 291.96 million shares.

UK and European markets mostly decline

Across the Atlantic, London's FTSE 100 tumbled 145.87 points, or 1.41 percent, closing at 10,227.33. The index traded between 10,227.33 and 10,372.77, with a 52-week range of 8,707.70 to 10,934.90.

Germany's DAX P fell 183.16 points, or 0.74 percent, to settle at 24,433.06. Its intraday range spanned from 24,398.87 to 24,820.95, while its 52-week range is 21,863.81 to 25,507.79.

France's CAC 40 edged higher, gaining 4.14 points, or 0.05 percent, to finish at 8,203.43. The index moved between 8,175.61 and 8,290.70 during the day, with a 52-week range of 7,505.27 to 8,642.23.

The EURO STOXX 50 I slipped 12.55 points, or 0.21 percent, to 6,049.74. Its daily range was 6,048.55 to 6,149.17, and its 52-week range is 5,154.83 to 6,199.78.

The Euronext 100 Index added 0.65 points, or 0.03 percent, closing at 1,865.59. It traded between 1,863.54 and 1,893.48, matching its 52-week high of 1,893.48, with a low of 1,534.95 over the past year.

Belgium's BEL 20 climbed 15.89 points, or 0.29 percent, ending the session at 5,565.12.

Asia sees strong advances led by South Korea and Japan

Hong Kong's HANG SENG INDEX declined 91.16 points, or 0.37 percent, to 24,565.90. The index ranged from 24,486.39 to 24,740.65, with a 52-week band of 23,185.58 to 28,056.10.

China's SSE Composite Index rose 50.69 points, or 1.28 percent, to 4,010.03, with volume of 1.822 billion shares.

Japan's Nikkei 225 surged 1,392.03 points, or 2.17 percent, to close at 65,416.63, capping a strong session for Asian markets.

Singapore's STI Index jumped 59.58 points, or 1.20 percent, closing at 5,023.25 after trading between 4,964.66 and 5,026.76. Its 52-week range is 3,845.78 to 5,150.69.

Australia's S&P/ASX 200 fell 20.90 points, or 0.24 percent, to 8,604.20, with a daily range of 8,490.90 to 8,625.10 and a 52-week range of 8,262.40 to 9,202.90. The broader ALL ORDINARIES lost 31.10 points, or 0.35 percent, settling at 8,824.80 after trading between 8,711.00 and 8,855.90. Its 52-week range is 8,454.90 to 9,436.20.

India's S&P BSE SENSEX advanced 394.50 points, or 0.54 percent, to 73,918.76. The index moved between 73,426.18 and 74,035.41, with a 52-week range of 71,545.81 to 86,159.02.

Indonesia's IDX COMPOSITE soared 404.51 points, or 7.57 percent, closing at 5,746.65 after trading between 5,318.15 and its session high of 5,746.65. The index's 52-week range is 5,317.91 to 9,174.47.

Malaysia's FTSE Bursa Malaysia KLCI dipped 4.02 points, or 0.24 percent, to 1,675.50, ranging from 1,675.04 to 1,687.93, with a 52-week span of 1,488.89 to 1,771.25.

New Zealand's S&P/NZX 50 INDEX GROSS rose 165.84 points, or 1.27 percent, to 13,204.08, trading between 13,022.90 and its high of 13,204.08. Its 52-week range is 12,421.58 to 13,757.71.

South Korea's KOSPI Composite Index delivered one of the day's strongest performances, skyrocketing 612.52 points, or 8.18 percent, to close at 8,096.93. The index's 52-week range extends from 0.00 to 8,933.62.

Taiwan's TWSE Capitalization Weighted Stock Index jumped 1,201.66 points, or 2.76 percent, finishing at 44,704.44 after trading between 43,687.62 and 44,821.71. Its 52-week range is 21,551.58 to 46,552.16.

Middle East markets

Israel's TA-125 fell 41.01 points, or 0.97 percent, to 4,191.13, ranging between 4,191.13 and 4,245.77. Its 52-week range is 2,664.09 to 4,588.77.

Egypt's EGX 30 Price Return Index gained 492.00 points, or 0.95 percent, to close at 52,374.80. Volume reached 336.703 million shares. The index traded between 51,882.80 and a high of 52,533.80, matching its 52-week high of 52,533.80, with a low of 51,882.80 over the past year.

Africa

The Top 40 USD Net TRI Index added 21.92 points, or 0.33 percent, ending at 6,743.87.

FOREX MARKET UPDATE: U.S. Dollar Trades Mixed as Euro, Yen, Pound, Edges Higher, Commodity Currencies slip

The U.S. dollar showed a mixed performance against major currencies in Tuesday's foreign exchange trading, with the euro posting a modest gain while the Japanese yen and British pound also advanced.

The euro strengthened slightly against the greenback, with the EUR/USD pair trading at 1.1543, up 0.07 percent from the previous close. The common currency traded within a daily range of 1.1534 to 1.1578, finding support at 1.1527.

Sterling outperformed its major counterparts, as the GBP/USD pair climbed 0.32 percent to reach 1.3382. The British pound fluctuated between a low of 1.3330 and a high of 1.3411 during the session, reflecting continued investor reassessment of Bank of England policy expectations.

The U.S. dollar firmed against the Japanese yen, with USD/JPY advancing 0.15 percent to 160.39. The pair traded in a tight band from 160.05 to 160.44.

Against the Swiss franc, the dollar edged up 0.09 percent, with USD/CHF quoted at 0.7984. The pair reached an intraday peak of 0.7991 and a trough of 0.7948.

The Canadian dollar continued to show marginal strength against its U.S. counterpart. USD/CAD slipped 0.01 percent to 1.3950, hovering near session lows of 1.3919 after touching a high of 1.3969. The move reflected firmer oil prices and growing expectations that the Bank of Canada may maintain a hawkish stance.

Meanwhile, the Australian dollar retreated, with AUD/USD declining 0.23 percent to 0.7028. The pair ranged between 0.7044 and 0.7070 on the upside, with downside support tested during European trading hours.

(This report incorporates quotes retrieved with the assistance of artificial intelligence).

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