European markets closed higher Tuesday as investors continue to ponder last week's central bank policy decisions in Europe and the U.S.
The benchmark Stoxx 600 index closed up 0.3%, erasing losses from earlier in the session. Sectors largely ended the session in positive territory, with retail stocks up 1.5% while mining stocks fell 0.5%.
European markets
Grocery delivery service Ocado rose 3.2% after reporting a 10.6% year-on-year revenue increase in its retail division for the first quarter.
Meanwhile, Maersk pared losses slightly, having dipped 3.6% earlier in the session, after confirming it had chartered the container ship which crashed into the Francis Scott Key Bridge in the U.S. city of Baltimore in the early hours of the morning.
Earnings also came in from Smiths Group, Asos, Bellway, Flutter and A.G. Barr.
Investors, meanwhile, reacted to Nigeria's latest interest rate hike.
U.S. stocks were cautiously higher in early deals as market participants tried to resume the rally that took equities to record highs.
Asia-Pacific markets were mixed Tuesday as the U.S. market took a breather after a rally sparked by optimism over the Federal Reserve's interest rate stance at its latest meeting.