Global stock markets mostly rose Tuesday as investors geared up for the US Federal Reserve’s policy meeting outcome and earnings from tech titans, which will be pored over for signs of AI momentum.In New York, the Dow blue-chip index ran into some profit-taking but the broader S&P index and the tech-heavy NASDAQ were well bid, helping European equity markets edge higher.Earlier Tuesday, Asian stocks brushed off South Korea-US tariff concerns, instead focusing on “hopes of strong earnings from the US tech heavyweights in the next couple of days”, said Richard Hunter, head of markets at Interactive investor.Tech firms are enjoying a fresh boost ahead of earnings releases as traders continue to pile into all things artificial intelligence.Apple, Meta, Microsoft and Tesla give updates this week, with other bellwethers including Texas Instruments, Boeing and Mastercard providing an idea about the state of the US economy.However, concerns remain over the scale of investment in AI even as its deployment has yet to pay off significantly.Investor attention was also on the Federal Reserve’s policy meeting starting Tuesday.The US central bank is widely expected to hold key interest rates steady on Wednesday, but “markets will be watching keenly to see if Chair (Jerome) Powell, who’s kept a tight grip on monetary policy, is to be replaced by a Trump dove,” said Derren Nathan, head of equity research at Hargreaves Lansdown.US President Donald Trump has meanwhile reverted back to tariff threats this week, warning South Korea he would impose 25 percent tolls on goods including autos for falling short of expectations on an earlier pact struck with Washington.But while carmaker stocks slipped in Seoul stock trading, tech firms ploughed higher with chipmaking giant SK hynix up 8.7 percent and Samsung Electronics up 4.8 percent.There were also big gains in Hong Kong and Shanghai.Mumbai advanced after India and the European Union unveiled a free-trade deal totalling about a quarter of global GDP, following two decades of negotiations.Indian Prime Minister Narendra Modi said the agreement “will bring many opportunities for India’s 1.4 billion and many millions of people of the EU”.The dollar remained under pressure after a selloff sparked by talk of a joint intervention between US and Japanese authorities to support the yen.Shares in German sportswear brand Puma climbed strongly in Frankfurt with Chinese athletic goods giant Anta Sports set to purchase a leading stake in the company.But although posting a rise of more than 12 percent, Puma’s share price, at 24.13 euros, was quoted far below the 35 euros per share that Anta is paying Artemis, the holding firm of France’s Pinault family, for its 29-percent stake.This, analysts said, reflects investor caution about the group’s chances of turning its fortunes around, after seeing its market capitalisation plunge by about a third over the past year.- Key figures at around 1435 GMT -New York – Dow: DOWN 0.6 percent at 49,111.02 pointsNew York – S&P 500: UP 0.3 percent at 6,967.88New York – NASDAQ: UP 0.6 percent at 23.750.60London – FTSE 100: UP 0.6 percent at 10,213.79Paris – CAC 40: UP 0.4 percent at 8,163.52Frankfurt – DAX: FLAT at 24,922.63Tokyo – Nikkei 225: UP 0.9 percent at 53,333.54 (close)Hong Kong – Hang Seng Index: UP 1.4 percent at 27,126.95 (close)Shanghai – Composite: UP 0.2 percent at 4,139.90 (close)Euro/dollar: UP at $1.1928 from $1.1883Dollar/yen: DOWN at 153.22 yen from 153.98 yen on MondayPound/dollar: UP at $1.3739 from $1.3682Euro/pound: DOWN at 86.82 pence from 86.85 penceBrent North Sea Crude: UP 1.2 percent at $65.57 per barrelWest Texas Intermediate: UP 1.4 percent at $61.49 per barrelburs/jh/js