NEW YORK ( TheStreet) -- Stocks across the globe were higher Tuesday after U.S. markets posted solid gains Monday, buoyed by surging commodities that were lifted by a weakening dollar.

Overseas markets also rose Tuesday on news from the U.S. that spending rose 0.3% in February. Asia relies heavily on exports to the U.S.

The Nikkei 225 stock average in Tokyo rose Tuesday by 110.67 points, or 1%, to finish at 11,097.14. Hong Kong's Hang Seng rose 0.7%.

Stocks in London and Frankfurt were each rising by 0.1%.

Premarket futures suggested stocks would rise when Wall Street opens for trading Tuesday.

On Monday, the Dow Jones Industrial Average added 46 points, or 0.4%, to 10,896. The S&P 500 gained 7 points, or 0.6%, to 1173 and the Nasdaq rose by 9 points, or 0.4%, to 2404.

-- Reported by Joseph Woelfel in New York.

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