US and European Stock Futures Gain, Dollar Weakens: Markets Wrap

US and European equity-index futures rose alongside Asian shares, signaling Wall Street’s advance after an in-line inflation reading may extend.

Contracts for the S&P 500 and the Nasdaq 100 rose after both indexes gained on Friday, snapping three days of declines. European stocks were also set for a stronger open. Asian shares erased earlier losses to advance 0.6% with the mainland China gauge jumping 2%. Japanese shares fell as ex-dividend stocks weighed on the benchmarks.

Oil declined as expectations that OPEC+ will hike production again in November exacerbated concerns about a glut. Gold climbed to a record above $3,800 an ...