S&P 500, European Shares End at Record Highs as Markets Digest Earnings, Tariffs

GLOBAL MARKET - NEW YORK/LONDON. Global equity markets rose on Tuesday, with both the S&P 500 and European shares ending at record highs, as markets digested strong U.S. earnings, trade tariffs and a big European defence spending hike.

The benchmark S&P 500 squeaked past its previous record closing high at the top of a holiday-shortened week. All three Wall Street indexes wobbled between red and green for much of the session, but managed to rise in the closing minutes.

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