HOUSTON -Oil prices rebounded in volatile trading on Tuesday as the market weighed China's plans to support its economy against lockdowns in the country's capital city.

MILAN (Reuters) -Italy's Iveco Group said on Tuesday supply chain disruptions would peak in the second quarter, after they prevented the truckmaker from benefitting from record orders in the first three months of the year.

(Reuters) -The tech-heavy Nasdaq led Wall Street lower on Tuesday with a 3% slump, as nerves ahead of earnings from megacap growth and technology companies added to concerns over slowing global growth and a more aggressive Federal Reserve.

The European Union's internal market chief said on Tuesday it was not up to Brussels to comment on Elon Musk's acquisition of the social media site Twitter, but recalled that the bloc now has strict rules for online platforms to tackle illegal content.

(Reuters) -European shares extended losses for a third session on Tuesday, giving up earlier gains as technology stocks followed U.S. peers into the red ahead of earnings from some big names, while London's FTSE outperformed on a commodities boost.

The tech-heavy Nasdaq slumped more than 2% on Tuesday as nerves around Big Tech earnings this week added to worries over slowing global growth and a more hawkish Federal Reserve.