04:07 PM EDT, 05/07/2024 (MT Newswires) -- US equity markets ended mixed Tuesday following the latest batch of earnings reports, including Walt Disney ( DIS ) and UBS (UBS).

* Minneapolis Federal Reserve President Neel Kashkari, who next votes on the Federal Open Market Committee in 2026, said it is possible that rates are not as restrictive as they appear due to the leveling off of inflation progress in recent months.

* US consumer credit usage rose $6.3 billion in March after a $15 billion gain in February with revolving credit use rising at a slower rate and nonrevolving credit use climbing at a faster rate than in the previous month.

* June West Texas Intermediate crude oil closed up $0.02 to $78.50 per barrel, while July Brent crude, the global benchmark, was last seen down $0.09 to $83.24.

* Disney ( DIS ) shares fell 9.5% after the company's fiscal Q2 revenue missed analysts' estimates. In Q3, the company expects "softer" results from its direct-to-consumer business, which includes streaming.

* UBS shares rose 7% after the company reported higher Q1 results.