Investors balanced an unexpectedly strong US jobs report and a subdued response in bond yields as they drove Asian stocks and US futures higher on Monday.
Although markets in China, Hong Kong, and Australia were closed for the holidays, a regional gauge climbed and Japan benefited. The S&P 500 futures extended their gains from Friday, supported by a payrolls survey showing the most job growth in seven months in the United States. At 1.72 percent, the benchmark 10-Year Treasury yield remained stable.
After OPEC+ leaders vowed to increase demand, oil prices fell, and Saudi Arabia lifted export prices to Asia. Against major currencies, the US dollar was little changed.