Stock futures climbed Monday as Wall Street sought to build on last week’s rally to record highs. Futures tied to the Dow Jones Industrial Average added 188 points, trading 0.4% higher. S&P 500 futures gained 0.3%, while Nasdaq-100 futures climbed 0.3%. Monday’s action follows a big week for U.S. stocks, with the three major averages closing at all-time closing highs. The Dow and S&P 500 both notched their strongest weeks in around one year, with the former at one point breaking above the 44,000 level for the first time. Last week’s rally was broad, with both the tech-heavy Nasdaq Composite and small cap-focused Russell 2000 also advancing. A large chunk of the week’s gains came Wednesday, when the Dow rallied 1,500 points after Donald Trump won the presidential election. Traders also closely followed Thursday’s Federal Reserve policy announcement — where it was revealed that interest rates would be once again lowered — and the subsequent press conference with Chair Jerome Powell. “Investors hate uncertainty, and, with the election decided, markets now have clarity, and are able to lay fears of a contested election to rest,” Northern Trust investment chief Katie Nixon wrote to clients on Friday. “Investors can now train their focus on what matters most to markets — economic and corporate fundamentals.” There is no economic data of note expected Monday, but investors will be awaiting inflation readings due out later in the week. Ticketmaster parent Live Nation and food and facility service provider Aramark are among companies reporting earnings on Monday. The U.S. Treasury market was closed Monday for the Veterans Day holiday following sharp postelection moves last week. The benchmark 10-year Treasury note yield broke above 4.4% last week before closing Friday at 4.306%. The 2-year note yield edged above 4.3% before closing at 4.25%. Asia-Pacific markets fell Monday after China’s latest stimulus measures underwhelmed and its October inflation numbers came in lower than expected, prompting concerns over the recovery in the world’s second-largest economy. Hong Kong’s Hang Seng index fell 1.62% in its final hour, while mainland China’s CSI 300 climbed 0.66%. to 4,131.13. Japan’s benchmark Nikkei 225 was marginally higher at 39,533.32, while the broad-based Topix slipped 0.09% to close at 2,739.68. South Korea’s Kospi was down 1.15%, ending at 2,531.66 and marking its lowest level since Sept. 11, and the small-cap Kosdaq fell 1.96% to finish at 728.84. Australia’s S&P/ASX 200 was down 0.43%, closing at 8,266.2. Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China’s stimulus plan disappointed investors seeking fuel demand growth in the world’s No. 2 oil consumer. Brent crude futures dropped 19 cents, or 0.3%, to $73.68 a barrel by 0104 GMT while U.S. West Texas Intermediate crude futures were at $70.13 a barrel, down 25 cents, or 0.4%. Both benchmarks fell more than 2% last Friday. Gold prices declined for a second session on Monday, hurt by a firmer dollar and increased risk appetite, as markets expect the Federal Reserve to adopt a cautious approach under U.S. President-elect Donald Trump’s administration. Spot gold fell 0.9% to $2,662.59 per ounce. U.S. gold futures fell 1% to $2,667.10. “Gold prices have declined primarily due to a stronger U.S. dollar, rising Treasury yields, and increased risk appetite in financial markets — a trend that has gained momentum since Donald Trump’s victory in last week’s presidential election,” said Ricardo Evangelista, senior analyst at ActivTrades. The dollar index rose 0.3% after having posted a weekly gain last week, making gold less appealing for other currency holders, while the S&P 500 on Friday closed with its biggest weekly percentage gain in a year.