Stocks held onto early gains, tracking a late advance on Wall Street last Friday after the S&P 500 bounced off a key level of technical support, its 200-day moving average, although traders remained wary.
Shares in European jet manufacturer Airbus fell on Monday after it was forced to suspend some deliveries of its A320neo after technical faults.
South African president Jacob Zuma has agreed to be recalled, with African National Congress officials said to be negotiating the manner in which it is to be communicated.
Wall Street's main indexes started higher on Monday, as stocks extended the bounce that began late on Friday, driven by technology and financial issues as stocks do their best to recover from their worst week since 2016.
George Soros has pledged a further £100,000 to Best of Britain, an anti-Brexit campaign fighting to keep the UK in the European Union, in answer to criticism of his previous donation to the group (£400,000).
Irish Prime Minister Leo Varadkar and Theresa May are set to meet in Belfast on Monday to break the deadlock around crafting a power-sharing administration in Northern Ireland.
Chinese bank lending picked up sharply at the start of the year, but some economists cautioned about reading too much into the data due to distortions from seasonal effects, pointing out signs of a slowdown evident in broader measures of credit growth.
Shares in government IT business CSRA rocketed in pre-market trade on Monday after it agreed to be bought by General Dynamics for $9. 6bn.
US futures pointed to a firmer open on Wall Street on Monday, with the rally that began late last Friday set to continue.
The State of New York has filed a lawsuit against The Weinstein Company, Mr Weinstein and his brother accusing them of not protecting their employees from sexual harassment, bullying and intimidation from Harvey Weinstein himself and other executives.
Markets in Asia finished mostly higher on Monday following a rebound on Wall Street on Friday, as oil prices also advanced slightly.
The United States and South Korea have agreed to terms regarding further diplomatic engagement with North Korea, according to US vice president Mike Pence who said that talks between Seoul and Pyongyang could eventually link Washington with the rogue nation.
Stocks finished in the black in another volatile session, albeit less so than on Thursday, with some traders looking out to the following week's release of consumer price data for January as a potentially key event.