Asian stocks rose Monday as traders sought to take advantage of last week’s selloff while keeping a wary eye on risks from the delta virus strain and China’s crackdown on private industries. The dollar fell.
MSCI Inc.’s gauge of Asia-Pacific shares posted one of its biggest daily rallies this month, led by Japan. Chinese technology stocks rebounded from a prolonged selloff, while South Korea climbed as export data signaled resilient global demand. U.S. and European equity futures were in the green after dip buyers spurred an advance in the S&P 500 and Nasdaq 100 on Friday.
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