The world’s biggest bond market extended its advance towards its best month since March after a $16 billion sale of 20-year Treasuries, Bloomberg reported.
The S&P 500 Index and Nasdaq 100 rose by 0.41% and 0.97%, respectively, as of 1:07 p.m. New York time. The Dow Jones Industrial Average rose by 0.51%.
Brent crude was trading 2.75% higher at $82.83 a barrel. Gold was lower by 0.17% at $1,977.51 an ounce.
India’s benchmark stock indices closed lower for the second day in a row on Monday after swinging between gains and losses, led by declines in Bajaj Finance Ltd., Mahindra & Mahindra Ltd., and Larsen & Toubro Ltd.
The S&P BSE Sensex closed down 140 points, or 0.21%, at 65,655.15, while the NSE Nifty 50 fell 38 points, or 0.19%, to end at 19,694.00.
Overseas investors remained net sellers of Indian equities for two days in a row on Monday. Foreign portfolio investors offloaded stocks worth Rs 645.7 crore, while domestic institutional investors turned buyers and mopped up stocks worth Rs 77.8 crore, the NSE data showed.
The Indian rupee depreciated 8 paise to close at its all-time weakest level of 83.35 against the U.S. dollar on Monday.