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WORLD HEADLINES – An index of major world stock markets rose to its highest level in more than five months on Monday after the United States and Mexico struck an agreement that lowers trade tensions.

STOCKS – The S&P and Nasdaq indexes both hit record highs, continuing a run that followed Fed chief Jerome Powell’s speech at the Jackson Hole symposium on Friday.

BONDS -Treasuries consolidated following yesterday’s drop.

COMMODITIES – The commodity markets showed signs of optimism about global economic growth prospects. Copper, a major industrial metal, rose 1.38 percent to $6,069.00 a ton.

CURRENCIES – The dollar stepped back after weeks of gains in the face of aggressive Fed rate hikes and trade disputes. The dollar index fell 0.44 percent.

ECONOMIC DATA – US Consumer Confidence due 10:00 ET.