Asian markets struggle for gains as Wall Street recovers

By Gregor Stuart Hunter

SINGAPORE (Reuters) -Asian stocks made a tentative rebound in early trade on Tuesday, with an uneven recovery taking place across regional equity markets after signs that trade negotiations between the U.S. and China remain on track.

MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.5%, while S&P 500 futures advanced 0.3% to extend the rebound from Monday’s session on Wall Street after U.S. Treasury Secretary Scott Bessent said U.S. President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October.

Wall Street’s main indexes ended as much as 2.2% higher on Monday, led by chipmakers, after Trump struck a more conciliatory tone about U.S.-China trade tensions.

Broad gains for global equities had gone ab