U.S. stocks are rallying again following weeks of scary swings. The S&P 500 rose 1.1% Monday and was on track for a second straight gain after falling 10% below its record last week.

At the opening bell, the S P 500 fell 54.92 points, or 0.97%, to 5,620.20, Dow Jones Industrial Average lost 206.06 points, or 0.49%, to 41,635.57, and the Nasdaq Composite decreased 295.45 points, or 1.

Asian shares mostly rose Tuesday as investors were encouraged by another rally on Wall Street. Japan's benchmark Nikkei 225 gained 1.3% to 37,903.43. The Bank of Japan was expected to keep its benchmark interest rate unchanged at a monetary policy board meeting due to wrap up Wednesday.