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·       U.S. stocks rose on Monday, the first trading day of the third quarter, led by strong gains in tech. But lingering concerns about the Trump administration's trade policies kept a lid on gains.

The Dow Jones Industrial Average closed 35.77 points higher after dropping nearly 200 points earlier in the session, with Microsoft rising 1.4 percent. The S&P 500advanced 0.3 percent to 2,726.71 with tech rising 1 percent. The Nasdaq composite rose 0.8 percent to 7,567.69 as Facebook, Amazon and Netflix all traded higher.

The major indexes fell sharply earlier in the session as Wall Street grew even more worried about the spat between the U.S. and its key trade partners.

·       Asian markets edged cautiously higher on Tuesday, retracing some of the sharp declines seen in the overnight session as stocks tracked gains seen on Wall Street although worries over U.S. trade policy lingered in the background.

The Nikkei 225 advanced 0.22 percent in early trade after steep losses seen in the previous session. Insurers and retailers were among the best-performing sectors in the morning, with heavyweight Fast Retailing climbing 1.27 percent.

In South Korea, the Kospi edged up by 0.29 percent, with technology stocks and manufacturers gaining. Samsung Electronics and steelmaker Posco were up 0.99percent and 1.11 percent, respectively.

 Reference: Reuters, CNBC