- Investors assessed whether last week's selloff had gone far enough to price in concerns about increasing rates and slower growth as equities in Europe rose in choppy trading on Monday.

- Following the worst week for the Stoxx Europe 600 index since March, banks led the rally. Due to a drop in raw-material prices, basic resources underperformed. After French President Macron lost his absolute majority in parliament, France's share benchmark fell, putting Macron's reform agenda in jeopardy.

- S&P 500 and Nasdaq 100 futures gained around 0.8% each. A dollar gauge fell. Treasury futures were neutral, with no cash trade due to a holiday in the US.

- Investors are looking for an entry point into equities markets roiled by mounting price pressures and fears that aggressive monetary tightening could tip major economies into recession, hence volatility indicators have remained elevated. Stock market pressure might ease in the second quarter as inflation moderates, according to JPMorgan strategists, while others, including Morgan Stanley, warned that additional losses could be in store.

- Crude oil held Friday’s near-7% plunge, The price of bitcoin fluctuated around the $20,000 barrier, which was widely monitored. The pressure on a variety of assets from abrupt Federal Reserve interest-rate hikes to contain excessive inflation has become indicative of a turbulent crypto downturn.