StockMarketWire.com - Wall Street made a tentative start to trading on Tuesday.

Treasuries were lower while the dollar advanced, which was primarily put down to today's PPI figures.

Meanwhile, the latest Federal Reserve meeting, which is widely expected to result in a further stateside interest rate rise, remains at the forefront of traders' minds.

The Dow was recently up 0.37% at 24,476.87, the S&P 500 inched 0.02% higher to 2,660.45, while the Nasdaq eased by 0.15% to 6,864.99.

European markets were generally upbeat during the afternoon session. The FTSE 100 was up 0.33%, the DAX marginally higher at 13,129.25 points, while the CAC 40 advanced 0.4% to 5,408.71.

COMMODITIES

WTI crude was recently 0.9% higher $58.34 per barrel and Brent was up 0.8% at $65.21 per barrel.

Gold, however, was down 0.38% at $1,242.1 an ounce, silver was off by 0.63% and copper slipped 0.12%.

ECONOMIC NEWS

The US National Federation of Independent Business (NFIB) reported that the Index of Small Business Optimism gained 3.7 points to reach 107.5 in November.

The Producer Price Index in the US for final demand increased 0.4% in November, seasonally adjusted, the Bureau of Labor Statistics reported today.

The index for final demand less foods, energy and trade services - the so called core PPI - also rose 0.4% in November.




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