US shares climbed as investors welcomed signs of economic and trade progress. Despite a sharp drop in durable goods orders—pointing to ongoing business uncertainty—consumer confidence rebounded strongly this month. In corporate news, Tesla shares rose as Elon Musk reaffirmed his focus on the company, while Nvidia jumped ahead of its earnings results. US bond yields dipped amid easing supply concerns, following speculation that Japan may adjust its bond strategy. In commodities, oil prices edged lower on renewed US-Iran talks, while metals retreated amid ongoing tariff uncertainty. Closer to home, Aussie shares are set to open higher on Wednesday, ahead of key inflation data.

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