- As investors digested trade data from China, which showed further growth in exports as global demand rebounded, Asian stocks edged higher.
- In mainland China and Japan, benchmarks rose, while in Hong Kong and Australia, they fell. Stocks of Chinese brokers rose on speculation of additional policy support for the financial sector. A call by the country's regulators for lower commissions on housing sales and rentals boosted sentiment, propelling developer shares higher.
- In Asia, futures for the S&P 500 and Nasdaq 100 both fell. The S&P 500 ended Monday slightly higher after rising 1.9% on Friday. The Nasdaq 100 gained 0.3% as AI-capable chipmakers gained ground. Along with Alphabet, Advanced Micro Devices and NVIDIA rose.
