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Updated from 12:43 a.m. EST

Asian stocks were mixed Tuesday, with shares in Japan finishing higher after being closed for a holiday the previous session, and Australian shares closing to the downside after the nation's central bank cut interest rates.

Japan's Nikkei 225 stock average closed up 6.3% to 9114.60. Shares of financial companies rose. Automakers such as


(TM) - Get Toyota Motor Corporation Report



(HMC) - Get Honda Motor Company Ltd. Report

closed higher, while



fell after cutting its earnings forecast last week.

In Australia, the S&P/ASX 200 index fell 0.2% after the Reserve Bank of Australia cut its benchmark interest rate a higher-than-expected 0.75 percentage points. The Hang Seng index in Hong Kong rose 0.3%.

Stocks in Europe were mixed. The FTSE 100 index in London fell 0.4%, while the DAX in Frankfurt rose 0.2%.



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lowered its 2008 forecast as third-quarter earnings plunged. Swiss bank


(UBS) - Get UBS Group AG Registered Report

reported a third-quarter profit but said "difficult" conditions will remain into the next quarter and will impact its fee-earning businesses.

Swiss Reinsurance

posted a quarterly loss and suspended its stock buyback program, and

Royal Bank of Scotland

(RBS) - Get Royal Bank of Scotland Group Plc Report

said it will record further writedowns and said it may post a loss in the full year.

Stock futures in the U.S. rose on the day U.S. voters go to the polls to elect a new president.

S&P 500

futures rose 5.60 points to 975.10, and were 10.35 points above fair value.


futures rose by 12 points to 1353.50, and were 16.94 points above fair value.

Stocks on Wall Street closed narrowly mixed Monday, as traders took in fresh updates on the state of the credit crisis and digested some bearish economic data. The

Dow Jones Industrial Average

slipped 5.18 points, or 0.1%, to 9318.83, and the S&P 500 ended down 2.45 points, or 0.3%, at 966.30. The Nasdaq gained 5.38 points to 1726.33.

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