Wall St rebounds

The Dow Jones Industrial Average closed overnight up 68.99 points, or 0.63 per cent at 11,061.12, rebounding from a triple-digit loss.

The S&P 500 gained 8.04 points, or 0.70 per cent at 1,162.27.Most S&P sectors closed up, led by techs and financials, while materials ended lower

The Nasdaq composite index closed up 27.10 points, or 1.10 per cent at 2,495.09.

Meanwhile, European shares close at a two-year low, dragged by French banks over a possible credit rating downgrade from the Moody's agency.

Asian stocks opened on Tuesday up on short-covering amid concerns over Euro debt crisis.