Market focus is largely attuned to global trade developments, after the U.S. and China agreed to restart trade talks over the weekend.
U.S. stocks rallied in the previous session, as investors cheered a trade truce aimed at resolving an ongoing conflict.
Nonetheless, market participants were in a cautious mood on Tuesday, waiting on actual signs of progress to settle a dispute that has battered global trade, business sentiment and economic growth.
On the data front, investors are likely to monitor the latest light vehicle sales figures for June on Tuesday.
