Asian stocks: The Nikkei gained 140.41 points (1.79%) to 8,004.10, while the Australian S&P/Asx rose 5.60 points (0.16%) to 3,533.80.
Crude oil rose a few cents, after it made a new low near the end of the U.S. session. Crude oil for January delivery gained $0.20 to $47.50.
Gold traded mixed in the Asian session. Bullion for immediate delivery rose $2.20 to $779.60.