US and European equity-index futures rose alongside Asian shares, signaling Wall Street’s advance after an in-line inflation reading may extend.
Contracts for the S&P 500 and the Nasdaq 100 rose after both indexes gained on Friday, snapping three days of declines.
European stocks were also set for a stronger open. Asian shares erased earlier losses to advance 0.6% with the mainland China gauge jumping 2%.
Japanese shares fell as ex-dividend stocks weighed on the benchmarks. Oil declined as expectations that OPEC+ will hike production again in November exacerbated concerns about a glut. Gold climbed to a record above $3,800 an ounce.
A Bloomberg gauge of the dollar headed for a second day of declines, weighed down by month-end flows and the risk of a US government shutdown.
Treasuries rose across the curve. Top congressional leaders plan to meet with President Donald Trump on Monday, just a day before federal funding runs out if lawmakers can’t agree on a short-term spending bill.
The measure, which would only fund the government until mid-November, must pass by Oct. 1 to avert a shutdown that could delay key economic data and unsettle markets.
