U.S. stock futures rallied early on Monday as strong manufacturing data out of China eased worries of a possible global economic slowdown.
Futures for the Dow Jones Industrial Average spiked 206 points, or 0.8%, at 26,139
Futures for the S&P 500 gained 21 points, or 0.7%, at 2,858.75
NASDAQ futures popped 74.75 points, or 1%, to 7,475.25
Arcimoto Inc. and Navigator Holdings are among the firms declaring earnings Monday.
Monday is a busy day on the data front, with U.S. retail sales, manufacturing numbers, construction spending and business inventories due to be released.
A private survey showed the country's manufacturing activity expanded unexpectedly in March, at its fastest pace in eight months. The data sent the Shanghai Composite up more than 2.5% overnight. European shares also rose broadly.
In other news boosting markets, the U.S. and China recently concluded their latest round of trade talks. U.S. officials last week said China had made proposals on a number of issues — including forced technology transfers — that go further than previous commitments.
Overseas, in Japan, the Nikkei 225 surged 1.4% Monday, while in Hong Kong, the Hang Seng Index climbed 1.89%
Oil prices picked up 69 cents to $60.31 U.S. a barrel.
Gold prices faded $2.10 to $1,308.00 U.S. an ounce.