(Bloomberg) — Global stock markets stabilized after Monday’s losses, with investors feeling confident enough in the economic recovery and vaccine rollout to buy the dip in some risk assets.Europe’s Stoxx 600 Index edged up with energy shares and travel companies leading gains. Commodity prices rose as the dollar stabilized, while benchmark Treasury yields ticked higher. After Bitcoin suffered steep declines on Monday, the largest cryptocurrency bounced back above $36,000.The mood across markets was mildly positive and investors are continuing to assess how the rise in Treasury yields changes the financial landscape. While progress on a vaccine gives reason to be hopeful, there are lingering concerns over the speculative excess and froth that’s driven stock markets to all-time highs in the middle of a pandemic.“A new, more speculative, more volatile phase of the bull market has begun,” said Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. “The depth of any such pullbacks in 2021 is largely dependent on yields.”In Asia, China’s CSI 300 Index rallied to a 13-year high, driven by a surge in financial and securities stocks. The yuan reached the highest since 2018 versus a basket of trading partners’ currencies on upbeat growth prospects.Here are some key events coming up:JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co., as well as firms ranging from Taiwan Semiconductor Manufacturing Co. to Infosys Ltd., are among those due to report earnings.EIA crude oil inventory report is due Wednesday.European Central Bank’s Christine Lagarde speaks at an online conference Wednesday.U.S. consumer-price inflation figures are due Wednesday.Biden plans to lay out proposals for fiscal support on Thursday.Fed Chair Jerome Powell takes part in a webinar on Thursday.U.S. initial jobless claims data are due Thursday.U.S. retail sales, industrial production, business inventories and consumer sentiment figures are due Friday.These are some of the main moves in markets:StocksFutures on the S&P 500 Index increased 0.1% as of 8:28 a.m. London time.The Stoxx Europe 600 Index gained 0.2%.The MSCI Asia Pacific Index climbed 0.3%.The MSCI Emerging Market Index rose 0.2%.CurrenciesThe Bloomberg Dollar Spot Index decreased 0.1% to 1,126.04.The euro was little changed at $1.2158.The British pound climbed 0.2% to $1.3547.The Japanese yen strengthened 0.1% to 104.20 per dollar.BondsThe yield on 10-year Treasuries rose less than one basis point to 1.15%.The yield on two-year Treasuries was unchanged at 0.14%.Germany’s 10-year yield rose one basis point to -0.49%.Britain’s 10-year yield climbed one basis point to 0.32%.CommoditiesWest Texas Intermediate crude gained 0.8% to $52.60 a barrel.Gold strengthened 0.7% to $1,857.30 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.