European stocks traded mixed on Tuesday, while U.S. equity futures turned lower after rising following Monday's move by lawmakers to end a three-day shutdown of the federal government and reacted to an upgrade in global growth estimates from the International Monetary Fund.

The Stoxx Europe 600 index fell slightly but had risen in the early hours of trading as investors reacted to the agreement between Senate lawmakers that will fund the federal government until Feb. 8. Germany's DAX performance index also touched a fresh all-time peak of 13,596.89 points on the back of a 1% gain for the benchmark that was driven in part by solid gains for Volkswagen AG (VLKAY) , the world's biggest carmaker, announced strong China sales and a bullish 2018 outlook.

Contracts tied to the Dow Jones Industrial Average fell 62 points from their Monday close and those tied to the broader S&P 500 slipped 4.50 points.

Netflix Inc. (NFLX) shares were expected to be the session's star mover after the online media group smashed Wall Street estimates by adding more than 8 million new customers to its streaming service and pledged to spend billions more on content to keep them from switching to rival providers such as Amazon Inc. (AMZN) and Walt Disney Co. (DIS)

Netflix shares rose 8.83% in pre-market trading in New York Tuesday, indicating and opening bell price of $247.68, a record high that would extend the stock's three-month gain to just over 27.5%. The moves will also take its market capitalisation past $100 billion for the first time ever, taking it past rivals such as Time Warner Inc. (TWX) and 21st Century Fox (FOX) and ranking it just behind Action Alerts Plus holding Comcast Corp. (CMCSA) and Disney on the list of America's biggest media companies.

"Equities are unstoppable," said Saxo Bank strategist Peter Garnry, while his colleague, technical analyst Kim Cramer, suggested that with the bulls "still in control ... we will likely be close to 3,000 by the end of this month.
 
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Overnight in Asia, regional stocks once again traded at the highest levels on record as the flow-through from new highs on Wall Street, as well, as the temporary deal on Capitol Hill, boosted investor sentiment. That optimism was also supported by fresh economic growth upgrades from the International Monetary Fund, which now lifted its global GDP estimate for this year and next to 3.9%, citing the near-term impact of last month's $1.5 trillion U.S. tax reform bill.

The region-wide MSCI Asia ex-Japan index was marked 0.87% higher at 605.69 points while Japan's Nikkei 225 hit another 26-year peak of 24,124.15 points at the close of trading after gaining 1.3% on the session.'

The U.S. dollar index, which benchmarks the greenback against a basket of six global currencies, bounced from its recent three-year lows in the wake of yesterday's agreement in Washington, rising 0.2% in Asia trading to 90.57 even as benchmark 10-year Treasury bond yields eased to 2.64%.

Global oil prices were also on the rise, extending gains from Monday amid both the IMF's global growth upgrade and the ongoing discipline from OPEC members on production cuts, which are taking 1.8 million barrels of oil from the market each day until at least the end of the year.

Brent crude contracts for March delivery, the global benchmark, were seen 14 cents higher from their Monday close at $69.17 per barrel while WTI contracts for the same month were marked 21 cents higher at $63.78 per barrel. 

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