World stock markets were mostly higher Tuesday after Federal Reserve Chairman Ben Bernanke indicated the U.S. economy was still on the mend and the European common currency stabilized after hitting a new four-year low against the dollar.
Oil was slightly up, to nearly $72 dollars a barrel. Wall Street was set to bounce back: Dow futures were up by 74 points, or 0.8 percent, to 9,868. The broader Standard & Poors 500 futures gained 9.8, or 0.9 percent, to 1,057.30.
Stocks were mixed in early trading in Europe, but analysts said investor sentiment had sufficiently recovered to kindle some bargain-hunting.
"Confidence has not yet returned, but …