U.S. Treasuries and stock futures reflected hopes that Congress will pass a debt accord to head off a default as White House and Republican congressional leaders stepped up lobbying in support of the deal.

Contracts on the S&P 500 and Nasdaq 100 rose 0.3% and 0.4%, respectively. European futures made small gains, and the picture across Asian equity markets was mixed.

Stocks in Japan fell, Australia’s benchmark was little changed, and equities in South Korea advanced. Shanghai’s benchmark index fell. A wobbling economic recovery, intensifying geopolitical tensions, and a weaker yuan have been keeping global investors away from Chinese markets.

The yield on the 10-year Treasury note in the U.S. was trading at 3.76%. Crude oil price was trading above the $77 mark, while Bitcoin traded around $28,000 level.

At 8:10 a.m., the Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, up 0.08% at 18,705.5.

Domestic benchmarks held on to steady gains to end higher as U.S. lawmakers reached a debt ceiling limit settlement, with NBFCs and consumer durable stocks leading the advance. The Indian rupee closed lower against the U.S. dollar as it faced a stronger greenback in overseas markets.

Foreign investors were net buyers for the sixth day and bought equities worth Rs 1,758.2 crore. On the other hand, domestic institutional investors were buyers for the seventh straight day and bought Rs 853.57 crore worth of equities, the NSE data showed.