U.S. stock futures rose as China’s economic slowdown fueled speculation monetary policy will ease.

Spanish borrowing costs plunged at an auction as investors ignored S&P downgrades last week.

Manufacturing in the New York region expanded in January at the fastest pace in nine months.

Global stocks:

Nikkei   8,466 +88.04 +1.05%

Hang Seng 19,628 +615.55 +3.24%

Shanghai Composite  2,298 +92.18 +4.18%

FTSE   5,686 +29.03 +0.51%

CAC  3,252 +26.78 +0.83%

DAX 6,303 +83.43 +1.34%

Crude oil: $100.30  (+1,6%).

Gold: $1658.30  (+1,7%).