Market enthusiasm seems weary at best, despite the various asset classes taking their cue from an upbeat overnight Asian session.

FORBES: EURO Flight Keeps Prize In Sight

Asian markets bounced from the previous session's sharp declines.

WSJ: Broad Rally as Dow Breaks Record

Asian bourses were broadly higher on the back of U.S. gains in the previous session, with China's Shanghai Composite climbing 1.4% and Japan's Nikkei Stock Average up 0.7% to close at a seven-month high.

WSJ: Stocks Finish in the Red

The absence of further bad during Asian trading however, meant that regional markets were able to go positive or pare their losses as the session progressed.

WSJ: Asian Shares Mixed Amid Weak Europe Data

Asian bourses were mixed, with Japan's Nikkei Stock Average gaining 1.2% on its first trading session of 2012, while China's Shanghai Composite shed 1.4%.

WSJ: Dow Closes With Slim Gain