Investors were bracing for the Federal Reserve's next move in its inflation-fighting rate hiking plan.
The moves came as fears over the ongoing banking crisis showed signs of easing, with investors "heartened by the increasing likelihood that the end of Fed policy tightening is near," said Brian Levitt, global market strategist for Invesco.
Investors are looking forward to the latest update from the Fed, at the conclusion of its two-day policy meeting on Wednesday.
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