Stock market: Tuesday results. [E]:

Closing:
Nikkei -211.94 (-1.40%) 14,648.41
FTSE 100 +17.90 (+0.32%) 5,644.00
DOW +31.61 +0.29% 10,973.72
NASDAQ -3.35 -0.16% 2,107.07
S & P 500 -0.06 -0.00% 1,240.08
10YR -2/32 5.14% 99 26/32

Japan stock exchanges set to gains on Tuesday trades. Fed rates hike and monetary policy tightening in China mainly impacted on investors pessimism. Such exporter-oriented companies as Toyota Motor Corp and Komatsu Ltd. suffered the most.
In materials Sumitomo Metal Mining Co. dropped on raw materials fallen.
Toyota lost 1 % on speculations U.S. borrowing costs hike will negatively affect on a company sales(its 60% income makes abroad orders from of Japan.)
Komatsu, the second world largest manufacturer of heavy building equipment fell to 3.4 %. Prior year 24% of sales went to USA.

European stock markets continued strengthening on Tuesday.
EU stock indexes lifted on speculations too fast pace to the 5-years highs came too far now. The leading list was headed by the largest extractor BHP Billiton and BP Plc.
British BHP Billiton, the second world largest exporter of iron ore added 3.5%, Rio Tinto Group + 2.9%, and Anglo American Plc climbed on 4.6%.
Energy lifted yesterday on oil hike.
BP rose on 1.2%, and Total SA on 1%.

American stock indexes closed without any tendency yesterday.
Positive economy data lead indexes open with increase and continue its raising pace after short consolidation.
Pare bets in telecommunications, which showed greatest gains since the beginning of current year, impact negatively on whole technology.
As a result Nasdaq and Russell 2000 concedes "blue chips".
By the end of trades pressure upon main indexes renewed leading to losses within many economic sectors now. Indexes dropped to the session morning lows.
It should be marked that the main reason for such decrease became technology and manufacturing recoil as well as sales activation in energy and medicine.
The finance and consumer sectors strong positions could not support whole market on his downturn.
Thus the government report showed U.S. Housing starts unexpectedly rose on 5% in May to an annual rate of 1.957 million. At the same time Building permits, a sign of future construction, fell 2.1% to lowest level since November 2003 and made 1.932 million as the Commerce Department said.
Corporate front: Target lifted on 1% after a message on high retails in a new stores(less than 1 year) which are awaited on a top border of forecasted range.
J.P. Morgan raised rating of such discount company as Costco (+ $0.98 to $54.53) to "overweight" from "neutral" foreshadowing further sales increase. This led to shares hike almost on 2%. As Daily Variety informed today Apple Computer, Inc negotiates with the leading Hollywood film studios on translation of films by means of iTunes.
Trade volumes: NYSE 1.22 bln. shares; Nasdaq тАУ 1.34 bln.