Shares have advanced in Europe and Asia after U.S. stocks bounced back from a sell-off driven by weak U.S. jobs data.

Wall Street's main indexes opened higher on Monday after a sharp pullback in the previous session, as markets priced in prospects of deeper rate cuts by the Federal Reserve following a surprisingly soft jobs report.

Asian shares advanced on Tuesday, following U.S. stocks higher after they won back most of their sharp loss from last week. Investors appeared to have recovered some confidence after worries over how President Donald Trump’s tariffs may be punishing the economy sent a shudder through Wall Street last week.