World Shares Rise, US Yields Fall As Markets Eye Earnings, Economic Data

STOCK MARKET - NEW YORK. Global stocks rose while U.S. yields dropped on Tuesday as markets eyed upcoming economic data as well as a plethora of corporate earnings, brushing aside the political fallout from President Joe Biden's decision to end his reelection bid.

Investors are awaiting the quarterly results of Tesla and Alphabet after the closing bell on Tuesday, kick-starting earnings reports from megacap technology stocks that have driven recent market gains.