European stocks finished higher Monday, aided by a rally in Italian bank shares and advances within the commodities group.

U.S. stocks closed lower Monday, relinquishing earlier gains on lower-than-average volume, as oil futures rallied and the dollar traded lower against most of its rivals.

Asian stocks rose, led by Japanese equities as the yen retreated after a seven-day rally amid the start of the U.S. earnings season. Global equities are under pressure in April amid concern over the potency of central bank stimulus efforts and a selloff in Japanese shares.

Based on MarketWatch materials