By Tom Westbrook

SINGAPORE (Reuters) -Asian stocks rose on Tuesday while gold and the Nasdaq were basking in their sharpest gains for months thanks to signs a deal to end the U.S. government shutdown was in the offing.

Gold jumped nearly 3% overnight and was comfortably above $4,100 in the Asia morning. The Nasdaq rose 2.3% to recover much of the losses inflicted last week by a bout of nerves around the valuation and profitability of AI firms.

South Korea’s Kospi was also clawing back last week’s falls and advanced 2.1% in early trade, while Japan’s Nikkei rose 0.7%. Markets in Hong Kong and China opened higher.

S&P 500 futures tacked on 0.1%.

A deal that would restore U.S. federal funding and end the longest shutdown on record cleared an initial Senate hurdle late on Sunday.

It was

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