(NEW YORK) -- As the countdown for a solution to Europe's debt crisis winds down, markets are trading with caution on Tuesday.
Wall Street is poised for a slow start with stock futures slightly down ahead of the opening bell. The day before, the stock market continued its positive streak in October, posting gains across the board. The Dow Jones Industrial Average added 105 points on Monday, while the Nasdaq and the S&P 500 climbed 62 points and 16 points, respectively.
Over in Europe, stocks are also shaky, trading flat on Tuesday. Investors there are anxiously awaiting a meeting of euro zone leaders on Wednesday when a bailout package for the region is expected to be announced.
The anticipation also drove Asian stocks to end the day mixed. China's Shanghai Composite rose 1.66 percent on Tuesday, while Hong Kong’s Hang Seng added 1.05 percent. Japan's Nikkei index, on the other hand, dropped 0.92 percent. Australia’s S&P/200 and South Korea’s Kospi saw losses as well, falling 0.64 percent and 0.51 percent, respectively.
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