Traders work on the floor of the New York Stock Exchange (NYSE) in New York.

World stocks steadied on Tuesday after three sessions of losses thanks to strong earnings from the likes of Alphabet's Google and as a rise in U.S. bond yields towards the key 3 percent level stalled, while oil prices stretched to fresh highs above $75 a barrel.

European stocks opened broadly higher with blue-chip stock markets in London and Frankfurt 0.3 percent higher, while shares in Paris were flat.

Markets brushed off further signs that Europe's biggest economy Germany is losing some of its momentum, with the Ifo business climate index falling in April.

In Asia, Japan's Nikkei added 0.9 percent as a lower yen supported export-heavy firms and Chinese shares posted their strongest gains in two months.

That left MSCI's world equity index marginally higher on the day after three days of declines.

The recovery in stocks came as bond markets also bounced back from a selloff. U.S. 10-year Treasury yields came within striking distance of the key psychological barrier of 3 percent on Monday, a level in the past that has triggered market spasms.

"The U.S. yield spike story has been a theme for the last 24 hours but we don't expect a sharp surge as the U.S. continues to be in a late economic cycle," said Christin Tuxen, a currency strategist at Danske Bank.

Earnings meanwhile, especially from the tech sector, were in focus after a turbulent few months for leading U.S. tech firms.

Alphabet up slightly in volatile after-hours trading on Monday after the tech giant reported a 73 percent jump in profits in the first quarter.

Chipmaker AMS reported first-quarter sales towards the lower end of its guidance range on Monday and warned of a downturn owing to weaker orders from one of its main customers.

AMS did not name the customer, but the Austrian company is a big supplier to Apple, making components for the iPhone.

SAP, Europe's largest tech company by stock market valuation, announced upbeat results in the seasonally tough first quarter.

Of around 18 percent of the companies in the S&P 500 that have already reported, 78.2 percent beat consensus estimates.