US stocks inch higher in early trading

“Depending on new developments, the market could get affected in the future, but right now, market consensus is that the attacks have a limited impact on the stock market”.

Elsewhere, other stocks moved on corporate news.

Trader John Panin, center, works on the floor of the New York Stock Exchange, Monday, Nov. 16, 2015.

Before the assault unfolded, Wall Street marked its worst week since August, with major US indexes all shedding more than 1 percent after a spate of mixed economic data.

The CAC 40 In France – along with its major European counterparts – all fell in early trading on Monday as investors digested the consequences for the economy not only in France but across the world. Telecommunications companies were among the biggest gainers. Travel-related stocks were down, while defence contractors moved higher.

The Dow Jones industrial average rose 169.56 points, or 0.98 percent, to 17,414.8.

The CAC 40 Index lost 0.9 percent at 9:06 a.m.in Paris.

News of the attacks by gunmen and bombers that killed 132 people in the French capital came after USA markets closed on Friday.

Travellers from the region cancelled trips as France grappled with the aftermath of the carnage that left at least 129 people dead and more than 350 wounded.

“It’s not something that’s going to throw the European economy into recession”, he said. “The small upside we’re seeing in the S&P 500 is reflective of that”.

The attacks may make it even more likely that the European Central Bank will expand its stimulus program at the conclusion of its December meeting, some analysts said.

It comes amid expectations that the US Federal Reserve is to raise interest rates in December, providing further pressure on the world economy.

“At this juncture, it is easy to see that the Fed’s intentions to “normalise” monetary policy could be derailed by a combination of adverse domestic economic and external events”, said Neil MacKinnon, global macro strategist at VTB Capital.

SECTOR VIEW: Seven of the 10 sectors in the S&P 500 index rose, led by consumer staples, a category that includes Coca-Cola and household products maker Procter & Gamble.

Across in Asia, markets mostly fell.

Greek bond yields hit their lowest in more than a year and banking stocks rose about 10 percent on Tuesday after the country’s finance minister said Athens had reached an agreement with its lenders on financial reforms. The Nasdaq composite added 49 points, or 1 percent, to 4,977. Priceline Group slid $58.37, or 4.5 percent, to $1,239.38, while Expedia declined $3.72, or 3 percent, to $121.48.

UP WITH Defence: Investors bid up shares in several defence contractors. Japan Airlines fell almost 3 percent, while ANA Holdings slipped 2.7 percent.

The top faller in Paris was hotels giant Accor, with luxury goods groups LVMH not far behind, as investors fretted over a likely drop in consumer demand after the attacks and hoteliers and restaurants eye a bookings slump for the months ahead.

In currency markets, the euro initially hit a 6-1/2-month low against the safe-haven yen before recovering to trade up 0.1 percent at flat at 132.03 yen.

KEEPING SCORE: Japan’s Nikkei 225 gained 1.6 percent to 19,706.45 and South Korea’s Kospi rose 1.3 percent to 1,968.26.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell more than 1 percent in early trade after a 3 percent loss last week.

OIL: Benchmark U.S. crude oil climbed $1, or 2.5 percent, to close at $41.74 a barrel in NY.

BONDS: U.S. government bond prices rose.