North American stock markets are facing mixed indicators Tuesday morning as the Toronto market prepares to re-open after a three-day holiday weekend.

There are no major economic releases from Statistics Canada today.

The Canadian dollar opened at US94.63¢, down 0.2 of a cent.

U.S. markets enjoyed a rally Monday, ahead today’s interest rate announcement from the U.S. Federal Reserve Board.

The Federal Open Market Committee is expected to leave interest rates unchanged at 5.25% at its meeting, but investors will pay special attention to the accompanying statement, expected around 14:15 ET.

In earnings news, Tyco International swung to a net loss in its fiscal third-quarter due to charges from the settlement of its class-action lawsuit and costs related to its breakup.

Warner Music Group widened its fiscal third-quarter net loss from a year ago amid charges for realigning its operations.

Shares in Wynn Resorts are set to gain after the casino operator said late Monday that its revenue more than doubled due to strength in Las Vegas and a new casino in Macau.

Duke Energy reported a 17% drop in second-quarter net profit, but said it should beat its earnings target for fiscal 2007 if weather is normal.

Other companies due to report earnings Tuesday include tech bellwether Cisco Systems.

Crude-oil futures rose 10¢ to US$72.16 a barrel. Crude prices tumbled nearly 5% Monday as traders locked in gains amid worries that a slowdown in the U.S. economy will reduce demand for oil.

Overseas, France’s CAC 40 index gained 1.6% as European markets strengthened following Monday’s gains on Wall Street.

In Tokyo, the Nikkei 225 index fell 0.2%, though Asian markets traded mostly higher.

On Monday, the Dow Jones industrial average had its biggest daily percentage advance since June 2003, while the S&P 500 turned in its best one-day performance since April 2003.

The Dow jumped 286.87 points, or 2.18% to 13,468.78, the S&P climbed 2.42% to 1,467.67, and Nasdaq composite index advanced 1.44% to 2,547.33.