U.S. stock indices closed higher on Monday after a FOMC voting member expressed confidence that there will be a rate hike this year.

The Dow Jones Industrial Average rose 125.61 points, or 0.8%, to 16,510.19. The S&P 500 climbed 8.94 points, or 0.5%, to 1,966.97. The Nasdaq Composite Index added 1.73 point, or less than 0.1% to 4,828.95.

Stocks of health-care companies fell.

This morning in Asia Hong Kong Hang Seng rose 0.73%, or 158.67 points, to 21,915.60. China Shanghai Composite Index gained 0.65%, or 20.48 point, to 3,177.02. Japanese markets are on holiday.

Asian stock indices outside Japan advanced following gains in U.S. equities. However, trading volumes were light due to investors' concerns over global growth and absence of market participants from Japan. Investors will watch data on China's economy closely to assess health of the global economy. Markit Economics will release its preliminary report on China's September Manufacturing PMI on Wednesday.