Investor sentiment around the world has been buoyed by Abu Dhabi's decision to bail out Dubai to the tune of $US10 billion.
The Dow Jones Index was up 28 points to 10,499 on Monday. The Nasdaq Composite was up 18 points to 2208.
Earlier in Europe: the FTSE in London was up 50 points to 5311, the CAC-40 in Paris was up 28 to 3825 and the DAX in Frankfurt was up 40 points to 5796.
The Australian 200 Index closed up 19 points, or 0.4%, to 4654.
The NZX 50 closed down 29 points, at 3099 on Monday on turnover of $55 million.
At 8.20am on Tuesday, the New Zealand dollar was trading at 72.74 US cents cents, 79.44 Australian cents, 44.62 pence, 64.51 yen and 0.4967 euro. The Trade Weighted Index was at 65.34.
