Sysco Corp. (SYY) reported Tuesday net earnings for the third quarter of $424.69 million or $0.85 per share, compared to $429.60 million or $0.84 per share in the prior-year quarter.

Illinois Tool Works, Inc. (ITW) reported Tuesday that net income for the first quarter increased to $819 million or $2.73 per share from $714 million or $2.33 per share in the year-ago quarter. Excluding items, adjusted net income for the quarter was $2.44 per share.

Shares of Mercedes-Benz Group AG were losing around 5 percent in the German trading after the automobile major reported Tuesday weak profit and revenues in its first quarter amid lower unit sales of cars. The company also confirmed its fiscal 2024 outlook, expecting lower earnings and flat revenues.

Canadian shares look headed for a mixed start Tuesday morning with investors tracking commodity prices, and a slew of earnings updates from Canadian and U.S. companies. The focus will be on Federal Reserve's monetary policy meeting, which gets underway today.

The German economy avoided a recession in the first quarter on exports and investment in construction, preliminary data from Destatis showed on Tuesday. Gross domestic product grew a more-than-expected 0.2 percent sequentially in the first quarter, in contrast to the revised 0.5 percent decrease in the preceding three months.

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Another Dip in Crypto Capitalization

Yen eases from highs as Japanese authorities stay mum on intervention. Dollar creeps higher, euro softer as attention turns to Eurozone economy. Stocks mixed ahead of more key earnings, gold extends losses.

Gold-dollar pair stable; euro-dollar slightly up; pound strengthens; Bitcoin dips. US stocks rise, led by Tesla and Apple. Binance faces lawsuit; key economic events include housing starts, US consumer confidence, and retail sales data.

The Japanese Yen experienced a significant fluctuation, moving more than 500 pips against the U.S. dollar in the last trading session. This volatility was driven by market speculation regarding potential intervention by Japanese authorities after the Yen surpassed the 160 mark against the dollar.

USDJPY maintains bullish pattern after suspected intervention. EURUSD remains trapped below 20-SMA ahead of flash CPI. WTI oil futures wait for the next bullish catalyst below key resistance.