IN NEW York overnight, the Dow rose 185.16, or 2.3 per cent, to 8,331.68. The broader Standard & Poor's 500 index jumped 21.92, or 2.5 per cent, to 901.05, its first finish over the 900 mark since July 1. It was the S&P's best day since June 1.

Wall Street futures pointed to modest gains Tuesday. Dow futures were up 10, or 0.1 per cent, at 8,269 and S&P futures rose 2.2, or 0.3 per cent, at 897.80.

Oil prices climbed Tuesday in Asia, with the benchmark crude for August delivery up 57 cents to US$60.26 a barrel. The contract fell 20 cents to settle at US$59.69 on Monday.

The dollar strengthened to 93.16 yen from 92.97 yen late Monday, while the euro traded slightly higher at $1.3982 from $1.3976. -- AP