S&P 500 e-mini futures ESc1 were up 1.6 percent on high contract volume after trading resumed for the week at 6 p.m. (2300 GMT). Dow Jones Industrial Average e-mini futures 1YMc1 rose 1.8 percent, while Nasdaq 100 e-mini futures NQc1 jumped nearly 2 percent.
• Investors said the agreement, lasting 90 days, between Chinese President Xi Jinping and U.S. President Donald Trump at the G20 summit spelled a reprieve for stocks and could pave the way for a positive bookend to a volatile trading year.
U.S. stock index futures jumped as trading for the week began late on Sunday, with benchmark S&P 500 e-mini futures ESc1 up 1.55 percent. Treasury futures were soft, suggesting an appetite for risk-taking could extend last week’s gains in the stock market.
“It sets a pretty positive tone (and) stocks should have a decent rally into December,” said Nathan Thooft, Boston-based global head of asset allocation for Manulife Asset Management.
.png)
The pan-European Stoxx 600 was up around 1.2 percent shortly after the opening bell, with most sectors and major bourses in positive territory.
.png)
E-Mini futures for the S&P 500 ESc1 climbed as much as 1.9 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS jumped 1.8 percent.
• Japan’s Nikkei surged to a six-week high on Monday after the United States and China suspended the imposition of new tariffs and agreed to try to reach a trade deal within 90 days.
The Nikkei share average soared 1.0 percent to 22,574.76, the highest closing level since Oct. 22.
• Shanghai shares saw their biggest daily gain in a month and the yuan firmed on Monday after Chinese and U.S. leaders agreed to a temporary truce in a bitter trade war, but the longer-term outlook for trade relations and Chinese markets remains murky.
The benchmark Shanghai Composite index closed 2.6 percent higher at 2,654.80 points and the blue-chip CSI300 index jumped 2.8 percent. Both posted their best daily gains since Nov. 2.
Thai
Eng