Monday’s weak trade ahead of Thanksgiving and lack of major data releases left shares flat and the dollar down against major currencies.
The European benchmark STOXX index remained unchanged, while U.S. futures rose. The dollar index bottomed at 103.53, its lowest level since September.
Japanese shares reached 1990 highs due to robust results and foreign demand, fueling a three-week winning streak.
Media reported that Israel, the US, and Hamas had reached a tentative agreement to liberate scores of Gaza hostages in exchange for a five-day truce, but there was no proof.
Black Friday purchases will test the consumer-driven U.S. economy this week, while Thanksgiving thinned markets.
The week’s economic calendar looks relatively uneventful for the greenback.
Stocks have recovered this year as investors look for an end to the cycle of rate hikes.