By Sabela Ojea


International stocks trading in New York closed lower on Tuesday.

The S&P/BNY Mellon index of American depositary receipts declined 1.2% to 149.61. The European index fell 1% to 150.24, the Asian index dived 1.6% to 163.47, the Latin American index decreased 1.4% to 180.22 and the emerging markets index dropped 1.5% to 271.01.

ADRs of BP closed down 8.1% to $36.78 after the oil giant reported better-than-expected 1Q profit, but slowed its share buyback run rate.

ADRs of Cemex on Tuesday closed up 4.9% to $6.38 after the Mexican cement maker posted a 14% increase in first-quarter net profit as sales increased from higher prices, and easing inflation contributed to higher operating gains.

ADRs of HSBC closed up 3.5% to $37.07 after the bank's first-quarter net profit surged more than three times compared with the same period a year earlier as the lender continues to benefit from tighter monetary policy globally.


Write to Sabela Ojea at; @sabelaojeaguix


(END) Dow Jones Newswires

May 02, 2023 18:54 ET (22:54 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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