Stocks ended mixed on Wall Street after paring losses from the morning.

Asian stocks were mostly higher Tuesday after Wall St. rose to a new record. (AP Photo/Lee Jin-man)TOKYO – Asian stocks were mostly higher Tuesday after Wall St. rose to a new record. Shanghai, Tokyo and Seoul rose while Hong Kong declined. Overnight, Wall Street’s benchmark S&P 500 index closed 0.7% higher. The Shanghai Composite Index gained 0.7% to 3,558.63 and the Nikkei 225 in Tokyo rose 0.4% to 29,497.51.

Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. (AP Photo/Ahn Young-joon)TOKYO – Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. Overnight, Wall Street's benchmark S&P 500 index gained 1.6%, led by big tech stocks. “With a reasonable polling lead, one could argue that Joe Biden has more to lose here than President Trump,” said Carnell. He said with some potential for gaffes or other colorful moments, the debate might be “cringe-worthy but unlikely to deliver an electoral car-crash for either side.”On Wall Street, the S&P 500 rose to 3,351.60.

After skidding sharply through the day as fear pounded markets, steep drops for stocks and bond yields suddenly eased up in the last hour. Earlier in the day, the S&P 500 had been down 4%. Friday's drop for the S&P 500 was the latest swing in a remarkably turbulent week. It was only two weeks ago that the S&P 500 set a record high, on Feb. 19. MARKET ROUNDUP:The S&P 500 fell 51.57, or 1.7%, to 2,972.37.