Stocks in Asia were mixed in early trade Tuesday, as benchmarks in Australia, Japan and Hong Kong fought back from the global selloff sparked by the decline of the Turkish lira.
Japan's Nikkei 225 led the way, rising 262.29 points, or 1.20%, to 22,119.72. The Hang Seng reversed early losses, edging up 0.01% to 27,938.32. Benchmarks in Shanghai and Singapore were down 0.34% and 0.02%, respectively.
On Monday, Asian stocks slumped, with the Nikkei dropping 1.98%, the Hang Seng falling 1.52%. The Shanghai Composite declined 0.34%.
Despite Mondays declines on Wall Street, U.S. stock futures were solidly in the green overnight, with Dow futures up 0.13% to 25,249 by 10 p.m. ET; Nasdaq futures up 0.24% to 7,435, and S&P futures up 0.12% at 2,829.
Gold, silver and crude oil futures also were higher in overnight trade.
On Monday, U.S. stock indexes ended near the day's lows amid worries over pressure on banks from a falling Turkish lira and after markets in Asia and Europe slumped.
The Dow Jones Industrial Average declined 126 points in regular trade Monday, or 0.5%, to 25,187, while the S&P 500 fell 0.4% to 2,822. The Nasdaq slipped 0.25% to 7,820.