Markets were mixed on Monday.
The S&P 500 rose 0.5 percent, the Nikkei 225 rose 0.3 percent while the Shanghai Composite Index jumped 1.2 percent.
The STOXX Europe 600 fell less than 0.1 percent, with the IBEX 35 propping the continent's stocks by rising 1.3 percent.
US bonds fell, with the yield on the 10-year Treasury note rising to 1.763 percent from 1.740 percent on Friday.
US stocks were boosted by some better-than-expected earnings.
“Both sales and earnings have been positive so far,” said Michael Arone, chief investment strategist at State Street Global Advisors. “This quarter has the potential to end the earnings recession.”
Indeed, an end to the earnings recession, an active mergers and acquisitions market and the largest initial public offering of the year happening this week “are essentially bullish signs for the market,” said Randy Frederick, director of trading and derivatives at Charles Schwab, according to a CNBC report.