stocks, news, data and earnings

European markets gained on Tuesday, marking a fresh two-year high as investors digested preliminary fourth-quarter gross domestic product figures for the euro zone.

The pan-European Stoxx 600 ended the session up 0.18% higher, at its highest level sine Jan. 17, 2022, according to LSEG data. Banks gained 1.3% as mining stocks slid 1.3%.

The euro zone economy stabilized in the fourth quarter of 2023, according to flash figures published by the European Union’s statistics agency. The flat reading showed the bloc narrowly missed a shallow recession following a 0.1% fall in the third quarter.

Regional markets on Monday closed slightly higher as investors looked ahead to a slew of earnings, data and central bank announcements through the week.

Asia-Pacific markets rose across the board overnight, except Hong Kong, which fell as investors continue to grapple with the fallout from Evergrande’s liquidation order.

U.S. futures dipped as investors analyzed the latest corporate earnings with the Federal Reserve policy meeting on the horizon Wednesday.