Asian markets opened up on Tuesday after posting significant losses on Monday driven by President Donald Trump’s global tariffs campaign, with U.S. futures also rising slightly after a day of turmoil on Wall Street.
As of early Tuesday morning, Dow Jones futures were up almost 2%, S&P 500 futures were up more than 1.5% and Nasdaq futures were up 1.3%.
Japan’s Nikkei index closed just over 6% up on Tuesday, recovering some of almost 8% of losses posted on Monday.
South Korea’s KOSPI index rose by 0.3%, Australia’s S&P/ASX 200 grew by 2.2% and India’s NIFTY 50 index climbed almost 2%.
Hong Kong’s Hang Seng index — which on Monday posted its worst day since 1997 losing 13% — rebounded with a 1% rise on Tuesday. Shanghai’s Composite Index grew 1.4%.