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Global Markets React to Japanese Election as Bitcoin Stabilizes

WSJ.com: Markets •
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Dow futures rose modestly in early trading as investors weighed mixed economic signals ahead of key inflation data later this week. The muted movement follows Friday's stronger-than-expected jobs report, which tempered expectations for near-term Federal Reserve rate cuts.

Japan's Nikkei 225 gained 1.8% after Prime Minister Fumio Kishida's ruling coalition secured critical victories in special elections. Market participants view the political stability as favorable for implementing pro-growth policies, including potential corporate tax reforms and expanded fiscal stimulus measures.

Bitcoin traded near $63,000 after recovering from last week's 15% price swing, its most volatile period since March. The cryptocurrency found support from renewed institutional interest, with several major asset managers updating their ETF filings. Analysts caution that trading volumes remain below April's peaks despite the price stabilization.

Quick Fact: Bitcoin experienced a 15% price swing last week.