The overnight session followed a rebound in the market with the tech-heavy Nasdaq Composite gaining more than 1% for a second straight day of gains.
"The anxiety relating to the Fed's recent hawkish tilt and the outlook for higher rates seems to have calmed a tad , leaving investors fishing for opportunities in pockets that saw the deepest cuts in recent weeks," Chris Hussey, a managing director at Goldman Sachs said in a note.
Bond yields, which spiked to start 2022, stabilized on Tuesday with the10-year Treasury yield slipping to 1.76% after topping the 1.8% level earlier in the week.
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