Asia stock markets steady in early trade

Asia stock markets steady in early trade
Asian share markets found a semblance of calm on Monday as S&P futures extended their bounce. Sara Hemrajani reports.
A sense of calm for markets across Asia on Monday.

Stocks seemed to steady in early trade after days of chaotic trading.

Hong Kong’s Hang Seng was up 0.7 percent. following its worst week since the 2008 financial crisis.

And China and South Korea both gained about 0.9 percent.

Japan’s Nikkei is closed for a public holiday.

Investors may be finding relief in Friday’s late Wall Street rally.

The Dow and S&P both ended on a high note at the closing bell.

But looming U.S. inflation numbers this week have sparked anxiety, and may help decide whether the stock market settles.

The potential for higher interest rates is still lingering — meaning any unexpected data could trigger another sell-off.

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Asia stock markets steady in early trade