S&P 500 futures climbed 0.4 per cent, signaling a rebound from Friday's retreat. Other markets tilted risk-on, with copper advancing and mining shares leading gains among European stocks. South Africa's rand jumped on signs that a diplomatic row with the US is softening.
“When you look from afar in Europe at American politics right now it is difficult to see how they get to common ground, but the alternative is so bad maybe it forces that ground to be found,” said Luke Hickmore, investment director at Abrdn. “The risks are still there for sure.”
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