(Updates throughout)

By Alden Bentley and Amanda Cooper

NEW YORK/LONDON, March 26 (Reuters) -

Wall Street tracked lackluster advances in most global share

indexes on Tuesday as the yen was steady not far above 2022

intervention levels on more jawboning by a Japanese official to

deter shorting after last week's Japanese tightening.

Treasury yields edged higher in early U.S. trading but

movements across markets were muted ahead of Good Friday, when

U.S. markets and many other financial centers will be closed.

The Dow Jones Industrial Average rose 95.64

points, or 0.24%, to 39,409.28, the S&P 500 gained 14.32

points, or 0.27%, to 5,232.51, and the Nasdaq Composite

gained 55.31 points, or 0.34%, to 16,439.78.

MSCI's gauge of stocks across the globe

rose 1.87 points, or 0.24%, to 781.32.

"It's an interesting dynamic, and this holds every time

we have a Fed meeting - the next week tends to have a quieter

tone to it. Especially a holiday-shortened week like we have

here, and the amount of data influence is going to be lighter,"

said Art Hogan, chief market strategist at B Riley Wealth in New

York. "That's attracting the sideways movement we've seen."

The STOXX 600 index rose 0.13. MSCI's broadest

index of Asia-Pacific shares outside Japan

closed 0.27% higher 0.27%.

In the spotlight was the yen, which has been

trading close to its weakest against the dollar since 1990, even

after the Bank of Japan raised interest rates last week for the

first time in 17 years.

Against the Japanese yen, the dollar strengthened

0.01% at 151.42, facing the risk of Japan intervening to prevent

further falls in the currency. The dollar rose to 151.94 yen in

October 2022 before intervention pushed it lower.

Japanese Finance Minister Shunichi Suzuki said on

Tuesday he would not rule out any measures to cope with the

yen's weakening, echoing a warning from Tokyo's top currency

diplomat the previous day.

The dollar weakened 0.01% to 7.251 versus the offshore

Chinese yuan, which was supported after a

stronger-than-expected fixing of its trading band.

Markets were unsettled by a sharp drop in the yuan on

Friday, after months of tight trading, and some speculate China

is loosening its grip on the currency to allow it to fall.

"We've got changing sands in the FX market. You've got

threat of intervention from Japan ... and from China. It's good

to see that they do actually care about the economy and they are

willing to step in. It's not quite the stimulus we want, but

they are saying 'enough is enough now, we do need to worry about

our deflation'," XTB research director Kathleen Brooks said.

The 14% decline in the yen's value over the last 12

months fed a surge in Tokyo's Nikkei index to record

highs in recent days, even though it slipped 0.04% on Tuesday.

MIXED OUTLOOKS

Last week the Federal Open Market Committee left U.S.

interest rates where they were and the FOMC's median dot plot

projections showed no change to the previous projection of three

rate cuts this year.

Confusing the picture somewhat on Monday, while Chicago

Fed President Austan Goolsbee said he had pencilled in three

rate cuts this year, Fed Governor Lisa Cook urged caution and

Atlanta Fed President Raphael Bostic reiterated Friday remarks

trimming his expectations to one cut.

U.S. interest rate futures price about three Fed rate cuts

this year and about a three-in-four chance of the first cut in

June.

U.S. yields edged up after a report showing orders for

long-lasting U.S. manufactured goods increased more than

expected in February, while business spending on equipment

showed tentative signs of recovery, boosting the economy's

prospects in the first quarter.

The yield on benchmark U.S. 10-year notes

rose 1 basis point to 4.263%. The 2-year note yield,

which typically moves in step with interest rate expectations,

rose 2.7 basis points to 4.6137%.

U.S. crude lost 0.11% to $81.86 a barrel and Brent

fell to $86.39 per barrel, down 0.41% on the day.

Spot gold added 0.33% to $2,178.57 an ounce. U.S.

gold futures gained 0.36% to $2,182.70 an ounce.

Bitcoin fell 1.39% to $69,969.00. Ethereum

declined 1.55% to $3572.4.