Global stocks rose on Monday and the yuan surged after US President Joe Biden said he’s considering cutting tariffs on China.
S&P 500 futures were up 0.46% as of 5.27 a.m. ET, suggesting stocks will open higher when trading begins. Dow Jones futures were up 0.36% and Nasdaq 100 futures were 0.43% higher.
Europe’s continent-wide Stoxx 600 was up 0.31%. China’s CSI 300 closed 0.58% lower, paring earlier steeper losses, while Tokyo’s Nikkei 225 rose 0.98%.
