U.S. dollar ticks up

The U.S. dollar strengthened in late trading on Tuesday.

The dollar index, which measures the greenback against six major peers, added 0.07 percent to 98.441 at 1900 GMT.

In late New York trading, the euro was up to 1.1700 dollars from 1.1692 dollars in the previous session, and the British pound rose to 1.3551 dollars from 1.3534 dollars in the previous session.

The U.S. dollar bought 157.88 Japanese yen, higher than 157.24 Japanese yen in the previous session. The U.S. dollar was down to 0.7827 Swiss francs from 0.7836 Swiss francs, and it climbed to 1.3618 Canadian dollars from 1.3611 Canadian dollars. The U.S. dollar fell to 9.2598 Swedish kronor from 9.2861 Swedish kronor.

U.S. stocks ended higher on Tuesday, with both the Standard and Poor's 500 and the Nasdaq Composite Index notching fresh all-time highs as easing oil prices and a strong batch of corporate earnings boosted investor sentiment.

The Dow Jones Industrial Average rose 356.35 points, or 0.73 percent, to 49,298.25. The Standard and Poor's 500 added 58.47 points, or 0.81 percent, to 7,259.22. The Nasdaq Composite Index increased by 258.32 points, or 1.03 percent, to 25,326.13.

All 11 primary Standard and Poor's 500 sectors ended in the green. The materials and technology sectors led the gainers, advancing 1.67 percent and 1.63 percent, respectively. The utilities sector posted the weakest growth, edging up by just 0.01 percent.

The geopolitical backdrop provided some relief for markets, even as the ceasefire between the United States and Iran remains fragile amid reports of fresh attacks in the Strait of Hormuz. U.S. Defense Secretary Pete Hegseth said Tuesday that the ceasefire "certainly holds" and that "two U.S. commercial ships, along with American destroyers, have already safely transited the strait, showing the lane is clear."

Following these reassuring remarks, global energy markets retreated.

Another round of better-than-expected corporate financial results added to the positive momentum in equities. Shares of materials science giant DuPont de Nemours gained 8.43 percent after its first-quarter earnings and revenue beat Wall Street expectations. Belgian brewer Anheuser-Busch InBev popped 8.74 percent following its upbeat quarterly report.

Conversely, several notable companies faced sharp sell-offs after their earnings announcements. Shares of e-commerce platform Shopify sank 15.62 percent, and digital payments firm PayPal dropped 7.74 percent. Language-learning app Duolingo declined 5.62 percent, and data analytics company Palantir Technologies pulled back nearly 7 percent.

In the semiconductor sector, Intel emerged as a massive winner, soaring nearly 13 percent to hit a new all-time high following media reports that the chipmaker is in active discussions with Apple regarding custom chip supply. Meanwhile, rival chip maker Advanced Micro Devices saw its shares rise 4.02 percent as investors positioned themselves ahead of the company's scheduled earnings release after the market close.