Brent crude fell below $80 per barrel, which helped Treasury yields ease in the bond market.
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Tuesday’s U.S. market rally comes as the stock market enters what’s historically been a very cheerful season.
Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week.
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Wall Street is losing ground ahead of several key inflation reports this week and the Federal Reserve’s latest interest rate policy decision. The S&P 500 shed 0.5% Tuesday.