• The Dow Jones Industrial Average .DJI rose 184.84 points, or 0.71 percent, to 26,246.96, the S&P 500 .SPX gained 15.51 points, or 0.54 percent, to 2,904.31 and the Nasdaq Composite .IXIC added 60.32 points, or 0.76 percent, to 7,956.11.

Wall Street rebounded on Tuesday in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China.

All three major U.S. indexes closed higher following Monday’s sell-off.

• Asia markets are set for a higher open after Wall Street appeared to shrug off an escalation in the U.S.-China trade war and ended the trading day higher.

The Nikkei futures contract in Chicago was at 23,705, and at 23,640 in Osaka. The Nikkei 225 last closed at 23,420.54.

Reference: Reuters, CNBC