- Stocks gained, boosted by the technology sector, on speculation that shares are ready for a recovery following this year's stock market crash.

- Japan was on track for a third straight day of gains, while Australia was also on the rise. Due to the lunar new year holiday shutdown, they are one of the few Asian markets open.

- The Australian dollar fell as the central bank ended a bond-buying programme, despite the fact that the move does not suggest a rate hike in the near future.

- European futures rose, while US contracts fell. On Monday, the S&P 500 and the tech-heavy Nasdaq 100 both posted their greatest two-day gains since April and November 2020, respectively.

- The 10-year treasury yield and the dollar remained stable. Oil continued to rise after posting its best January increase in at least 30 years, helping to propel the Bloomberg commodity spot index to a new high.