Stock futures shook off a weak February and a looming tariff deadline on Monday as investors clamored back into some of the more volatile investments of the past year like Tesla and bitcoin. Futures for the Dow Jones Industrial Average gained 117 points, or 0.3%. S&P 500 futures rose 0.4%, and Nasdaq-100 futures advanced 0.7%. Futures got upward momentum from Tesla, which jumped more than 2% in early trading. Morgan Stanley analyst Adam Jonas defended the struggling stock, saying it could rebound by nearly 50%. Cryptocurrencies also rallied after President Donald Trump announced the creation of a strategic crypto reserve for the U.S. that will include bitcoin and ether. Bitcoin jumped 10% to nearly $94,000 after dipping to a three-month low under $80,000 on Friday. Shares of crypto exchange stocks including Coinbase, Robinhood and MicroStrategy surged in Monday’s premarket. Those moves into more speculative trades appeared to pull attention from Trump’s plans to impose import taxes on key U.S. trading partners this week. These policy proposals have rattled investors and stirred up market volatility recently as traders worry that they will reignite inflation. Commerce Secretary Howard Lutnick said Sunday on Fox News that the exact tariff that will be levied against Mexico and Canada starting Tuesday is still “fluid,” which means it could be lower than the proposed 25%. He added that the additional 10% duty on China imports is “set.” Treasury Secretary Scott Bessent said on CBS that Mexico has offered to match the U.S. tariffs on China, potentially as a way to get out of the tariffs set to be imposed against them on Tuesday. Monday marks the start of a new trading month after the three major indexes notched losses for February. The S&P 500 declined 1.4% in the month, while the 30-stock Dow dropped 1.6%. The tech-heavy Nasdaq Composite was the underperformer with a 4% slide, marking its worst month since April 2024. “Whether the stock market can survive this change remains to be seen,” Chris Rupkey, chief economist at FWDBONDS, said of tariffs in a note. “One way or another, tariffs will be a shock for the economy.” This action-packed week also brings data on the labor market, including the key February jobs report on Friday. U.S. Treasury yields ticked higher on Monday as investors awaited more clarity on President Donald Trump’s plans to impose tariffs. The benchmark 10-year yield Treasury yield rose nearly 2 basis points to 4.244%. The 2-year Treasury yield added more than 3 basis points, siting at at 4.028%. Asia-Pacific markets mostly rose Monday as investors awaited clarity on U.S. President Donald Trump’s plans to impose tariffs this week on key trading partners. Japan’s benchmark Nikkei 225 was up 1.7% to close at 37,785.47, while the broader Topix index advanced 1.77% to close at 2,729.56. Hong Kong’s Hang Seng index rose 0.44%, while Mainland China’s CSI 300 closed closed 0.04% lower at 3,888.47. Taiwan’s Taiex index was down 1.29% to close at 22,756.25 after falling to its lowest level since early February. Australia’s S&P/ASX 200 was trading 0.9% higher to close at 8,245.7. Elsewhere, China’s Caixin/S&P Global manufacturing purchasing manager’s index reading for February came in at 50.8, higher than the 50.3 estimated by Reuters and January’s 50.1 reading. Investors will be keeping a watch on Indian stocks after the South Asian economy expanded 6.2% from a year ago in its third fiscal quarter ended December, recovering from a seven-quarter low. The print is higher than the revised 5.6% growth in the July to September quarter. South Korean markets were closed for a public holiday. Oil was flat on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about a Ukraine peace deal and global economic growth from potential U.S. tariffs loomed. Brent crude climbed 5 cents to $72.86 a barrel, while U.S. West Texas Intermediate crude was at $69.71 a barrel, down 2 cents. Gold prices gained on Monday, following a more than three-week low in the previous session, as they drew support from a weaker dollar and safe-haven buying triggered by concern over U.S. President Donald Trump’s tariff policies. Spot gold gained 0.5% to $2,873.93 an ounce. U.S. gold futures rose 1.3% to $2,885. The dollar index dropped by 0.6% from a more than two-week high in the previous session, reflecting weakness that makes dollar-priced gold less expensive for buyers holding other currencies.