- The dollar fell and US index futures jumped amid expectations that the world's largest economy will record the lowest level of inflation this year, necessitating a less hawkish Federal Reserve.

- After the underlying indices rose on Monday by the most since December, contracts on the S&P 500 and the Nasdaq 100 each increased by at least 0.5%. While treasuries rose, the dollar's two-day rise came to an end. On signs of further relaxation in China's COVID regulations, oil prices increased. Oracle Corp. increased in premarket trading in New York after reporting results that exceeded expectations.

- US stocks increased on Monday as investors gained confidence in experts' forecast for a 7.3% increase in the US consumer price index in November. If that prediction pans out, it will be the fifth straight decline and the lowest level in 11 months. Even though that would still leave inflation well above the Fed's target of 2%, it might be sufficient justification for a pause in the pace of monetary tightening, with a move of half a point expected on Wednesday. It also lowers the threshold for disappointment and a selloff, though.