Asian stocks rebound as U.S. equity futures, oil prices jump

BEIJING (AP) — Asian stocks rebounded Tuesday as Wall Street futures moved higher while U.S. markets were closed for a holiday.

Shanghai, Tokyo, Hong Kong and Sydney gained. Oil prices rebounded to above $110 per barrel.

Futures for Wall Street’s benchmark S&P 500 index

rose 1.6% after a three-day holiday weekend.

“Today’s gains are attempting to pare back on previous losses, suggesting the presence of…

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