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WORLD HEADLINES – Investors welcomed a rare respite from volatility as U.S. stock futures gained after a week that saw two of the biggest single-day percentage drops in seven years.

STOCKS – March contracts on the S&P 500 rose 1.2 percent in London, following a weekly decline that at its worst point was the largest since the financial crisis. Futures on the Dow Jones Industrial Average added 1.3 percent, while those on the Nasdaq 100 Index were up 1 percent.

BONDS – The yield on 10-year Treasuries gained three basis points to 2.88 percent, the highest in more than four years.

COMMODITIES – Gold rose 0.3 percent, the largest advance in a week. Copper gained 1.2 percent, the first advance in a week.

CURRENCIES – The US dollar traded sideways  during the overnight trading session, on the first day of trade for the week.