It had slumped to a 10-month low of 107.320 yen on Friday, when Hurricane Irma threatened Florida and as financial markets braced for the possibility of another missile or nuclear test to mark North Korea's founding day on September 9.
The Dow Jones Industrial Average rose 259.58 points, or 1.2%, to 22,057.37.
Meanwhile, the S&P/ASX 200 index rose 0.34 percent to 5,755.50 by 02:45 GMT, while at 02:00GMT, the FxWirePro's Hourly AUD Strength Index remained highly bearish at -130.93 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). Travelers Companies climbed 2.3% and was one of the biggest boosts to the Dow, while Progressive was up 2.2%.
Hurricane Irma weakened to a tropical storm on Monday, according to the latest update from the National Hurricane Center. Investors may have gotten another break from easing geopolitical tensions.
USA stocks were higher in early afternoon trading on Tuesday, with the S&P 500 hitting a record intraday high led by gains in financial stocks, and investors focused on an Apple event where the company is set to launch its new iPhone.
USA stocks were higher on Tuesday, with the S&P 500 hitting a record intraday high as investor concerns about US tensions with North Korea eased and the financial impact from Hurricane Irma appeared less severe than feared.
Alamos Gold Inc tumbled 16.1 percent to C$8.60 after the company said it will buy smaller rival Richmont Mines in an all-stock deal valued at about C$905 million. Gold dropped to $1,326.31 per ounce, compared to Friday's one-year peak of $1,357.4. December gold fell $15.50, or 1.2%, to settle at $1,335.70 an ounce.
October West Texas Intermediate crude tacked on 59 cents, or 1.2%, to settle at $48.07 a barrel on the New York Mercantile Exchange after tapping a low at $47.
The dollar was flat against the yen, fetching 109.42 yen in Asian trade, against 109.44 yen in NY but well up from the 108.60 yen levels seen in tokyo earlier Monday. The benchmark Kospi inched up 6.39 points or 0.27 percent to finish at 2,365.47.
Electric Vehicle-linked shares rose, with Titan Kogyo, manufacturer of parts for lithium-ion batteries, surging by the daily limit of 27.21 percent to 374 yen after reports said China was considering banning sales of gasoline and diesel cars.
USA inflation expectations slipped last month, with the year-ahead measure hitting its lowest level since early 2016, according to a Federal Reserve Bank of NY survey that adds to the din of surprisingly weak price measures.
"But the market is still sensitive to risk-off news, maybe from North Korea, or from disappointing USA economic data", he said.
A Florida man riding out Hurricane Irma in a nearby high-rise caught images of a massive construction crane that's collapsed. According to reports from city officials, the crane fell on Biscayne Boulevard, located in the heart of downtown Miami .
He's one of eight players selected in the first three rounds of the 2017 NFL Draft who doesn't have a Twitter account. That set up a 10-yard touchdown pass to rookie Golladay to give Detroit its first lead of the day, 21-17.
As I alluded to in the previous paragraph, West Ham are a long way from successfully integrating the new players into their squad. JOE HART claims he is not bothered about keeping clean sheets - providing West Ham are winning matches.
Kuwait is a staunch American ally trying to mediate a festering diplomatic crisis involving Qatar and its Arab neighbors. In a joint news conference in the White House East Room, Trump reaffirmed the US commitment to al Sabah.
At $US179, it will still be at a premium price relative to competitors, each of which already has models supporting 4K and HDR. It's now pretty much standard above a certain size, which means the fourth-gen Apple TV is rapidly starting to show its age.
Moving on, the keyboard is backlit and the company has claimed that the keyboard area is 19 percent larger than the MacBook Pro . But Xiaomi has also launched yet another laptop that rivals Apple's Macbook line, known as the Mi Notebook Pro .
These concern the contracts for its AdSense advertising service and the licensing of its Android mobile phone operating system. A court spokeswoman said Google has not asked for an interim order to suspend the decision to levy an fine.
The Giants are trying to win their fourth consecutive against the Cowboys after sweeping the NFC East champions previous year . Part of the struggles of the Cowboys' offense against the Giants' defense come from the personnel the Giants deploy.
Ben Roethlisberger looks to pass against the Cleveland Browns at FirstEnergy Stadium on September 10, 2017, in Cleveland, Ohio. After the players protested before the Giants game, team leader Christian Kirksey told reporters, "We did it out of respect".
Apple Watch Series 3 launched with LTE, GPS and more
The event is expected to be jam-packed with Apple's newest products, with its 10th anniversary iPhone as the crown jewel. Tim Cook said that the "Apple Watch is created to help people stay active and motivated so they can have a better day".
US Family Incomes Up, Poverty Down
The income gains reflect mostly a rise in the number of Americans with jobs and in people working full time, the agency said. Real median incomes for family and non-family households were up 2.7 percent and 4.5 percent, respectively.
Liverpool to appeal against length of Sadio Mané ban
His decision proved divisive on and off the pitch as even City boss Pep Guardiola was not sure it warranted a red card. While the Belgian dazzled, it also served as a reminder to Jurgen Klopp of how badly he needed Philippe Coutinho .
UFC Notebook: Nunes squeaks out win over Shevchenko
Nunes established her range and set the pace in the first round, cracking the lead leg of Shevchenko with venomous kicks. Nunes, nicknamed the Lioness, raised her arms as the decision was announced while numerous fans booed the verdict.
China To Close Its Domestic Crypto Exchanges
Until now, about a ¼ of all Bitcoin trades were processed in China, but new legislation, if accepted, may change that situation. China is home to vast and lucrative cryptocurrency mining operations for both Bitcoin , Ethereum , and other cryptocoins.
Lascelles victor boosts Benitez and Newcastle
Instead Francisco de Míguel Moreno will take charge of first-team duties against Paul Clement's side. Swansea now have one more point than Newcastle , having won four points from the opening three games.
Hillary Blames Women's March for Loss Too
Ms Clinton said she believed Mr Trump had tapped into a "nostalgia" felt by his supporters. Interviewer Jane Pauley asked her: " What you're saying is millions of white people? ".