By Denny Jacob

International stocks trading in New York closed higher on Tuesday.

The S&P/BNY Mellon index of American depositary receipts rose 0.7% to 129.97. The European index moved up 0.4% to 127.12. The Asian index gained 0.8% to 143.93. The Latin American index advanced 1.5% to 191.85, while the emerging-markets index climbed 1.2% to 248.72.

ABB Ltd. was among those whose ADRs traded actively.

The Swiss technology company ticked up 0.6% after Hitachi Energy, a joint venture between Hitachi Ltd. and ABB's Power Grids business, signed a strategic collaboration with Equinor ASA to collaborate within electrification, renewable power generation and low-carbon initiatives.

UBS AG ticked up 0.1% after German authorities searched the offices of the Swiss bank, part of a money-laundering investigation into sanctioned Russian billionaire Alisher Usmanov, The Wall Street Journal reported.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

November 08, 2022 19:04 ET (00:04 GMT)

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