NEW YORK — Most U.S. stocks are ticking higher, offering a respite following weeks of sharp swings. The S&P 500 was up 0.4% in early trading Tuesday. The Dow Jones Industrial Average slipped 67 points, and the Nasdaq composite was up 0.8%. Oracle jumped 10% after delivering better profit for the latest quarter than analysts expected.
The European Commission, the bloc’s executive branch, accused Apple of striking an illegal tax deal with Irish authorities so that it could pay extremely low rates. Apple denies such a deal took place. Yet it is the latest monthly updates on inflation at the consumer and wholesale levels this week that are getting the most attention.
Japan’s benchmark Nikkei 225 fell 0.2% to finish at 36,159.16. Australia’s S&P/ASX 200 gained 0.3% to 8,011.90, while South Korea’s Kospi lost 0.5% to 2,523.43.
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