Wall Street finished slightly higher on Wednesday - a light day in terms of economic data.
European stocks ended the session slighty lower in the wake of weaker-than-expected data on Chinese foreign trade and ahead of tax reform proposals from the US Senate which were expected on Thursday.
Crude oil stockpiles recovered last week as very large drops in product stockpiles were offset by a collapse in net imports.
Wall Street was trading little changed in a light day in terms of economic data.
A general strike organised by independence supporters in Catalonia has left many of the region’s roads blocked, bringing much of its industry to a standstill as several local government officials remain in jail.
While web-based lending marketplace LendingClub posted earnings in line with market expectations on Tuesday, an announcement that lending would be restricted to all borrowers except those with top-tier credit scores sent the group's stock spiralling lower.
US President Donald Trump has warned North Korea and its leader Kim Jong-un to "not underestimate" his administration, and also called on Russia and China to sever economic ties with the regime.
US futures pointed to a muted open on Wall Street on Wednesday after the Dow notched another record closing high the day before.
Asian markets finished mixed but little changed on Wednesday, with investors struggling for direction after a similarly mixed session on Wall Street overnight.
Snapchat parent company Snap announced that it was working on an overhaul of the popular photo and video messaging application after it reported losses of more than $400m in its last trading quarter.
Both inbound and outbound trade from China cooled last month, but some economists are confident that any slowdown will be modest despite a loss of momentum in other emerging markets.
Flavouring and fine ingredient producer Frutarom Industries announced on Tuesday that, via a subsidiary, it had signed an agreement with Spanish company AB-Biotics for the purchase of its iron delivery technology AB-Fortis.
Wall Street finished on a mixed note on Tuesday, amid conflicting reports on the likely timing and exact content of any White House tax reform proposal ahead of the anticipated Senate proposal later this week or early during the next one.