Ford unveils all-electric car - the Mustang Mach-E

The top-range version of the car can travel up to 370 miles on a full charge and recharge 57 miles (92km) of range in 10 minutes on a high-power charge.

There are buttons in place of conventional door handles and storage space under the front bonnet.

The fastest model can accelerate from 0-60mph in under five seconds.

In comparison, the Tesla Model X 100D can do 0-60mph in 4.4 seconds.

Like the Tesla, the Mustang Mach E has a 15.5in (40cm) touch screen beside the steering wheel.

Prices range from £44,000 to £58,000 ($44,000 to $60,000 in the US).

Ford made a crib that acts like a car

For some tots, it's the only thing that will make them go to sleep.

Unfortunately, babies are terrible drivers and rarely chip in for gas. Stopping everything to take them for a spin every time they're fussy is inconvenient.

Ford (F) -- yes, the car company -- might have a solution. It has made a prototype of a new kind of crib that simulates all the best parts of a car ride without the exhaust.

US indexes advance on strong earnings; China stabilizes

Ford gained 2 percent and United Parcel Service climbed 5 percent Tuesday after turning in results that were better than analysts were expecting.

Asian markets closed with modest losses a day after the Shanghai stock index plunged more than 8 percent.

The Dow Jones industrial average rose 189 points, or 1.1 percent, to 17,630.