Investing.com - Stocks rose in Europe and Asia but volatile oil prices kept investors cautious before an expected U.S. interest rate hike later this week.
European shares opened higher after hitting 2-1/2-month lows on Monday when oil prices fell to their weakest since 2008.
The dollar fell to 7-week lows against a basket of its peers ahead of the outcome of the Fed monetary policy meeting on Wednesday.
Oil prices rebounded after Monday’s declines but gains were capped by fears that global oversupply could worsen next year.