Most Asian stocks climbed and U.S. equity futures stabilized Monday amid a hiatus in the intense market volatility sparked by speculation about aggressive Federal Reserve interest-rate hikes to fight inflation.
An Asia-Pacific share gauge rose for a second day, though a clutch of markets, including China, are closed for the Lunar New Year holiday. Technology equities boosted Hong Kong, which is operating a shortened session. European contracts pushed higher and U.S. ones came off intraday lows.
