Stocks Take a Breath While Bonds Choke on China Disinflation Drag

A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, on June 5, 2023. Issei Kato/Reuters

LONDON/SYDNEY—Global stocks took a breath on Monday after a surprisingly low reading on Chinese inflation and ahead of data on U.S. inflation and corporate earnings later in the week.

The pan-European STOXX 600 index rose 0.1 percent by 0840 GMT while US stock S&P futures declined 0.2 percent and Nasdaq futures fell by 0.3 percent.