Asian shares rose, with MSCI's broadest index of Asia-Pacific shares outside Japan .MISX00000PUS closing up 0.61% at 1,628.74.
Emerging market stocks .MSCIEF gained 0.69% to trade at 1,669.27.
Stock markets around the world have hit record highs in recent weeks, boosted by strong corporate earnings.
Analysts at BofA said that with nearly 90% of S&P 500 results in, earnings per share were up 30% on the year after excluding investment gains at Alphabet and Amazon. A 76% EPS beat rate matched the strongest level since 2021.
Strategists at JPMorgan revised up their 2026 EPS estimate to $365, marking annual growth of 35%, and lifted their S&P 500 price target to 8,000 from 7,800. It is currently at 7,758.
Earnings are lighter this week, but include semiconductor company Applied Materials AMAT.O, networking equipment maker Cisco CSCO.O and cloud infrastructure technology company CoreWeave CRWV.O.
The yield on benchmark U.S. 10-year notes US10YT=RR rose 4.25 basis points to 4.701%, from 4.658%, with the market bracing for $125 billion in new issuance this week.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.17% to 99.81, with the euro EUR= down 0.14% at $1.1542.
The Japanese yen JPY= weakened 0.94% to 159.31 per dollar, though investors were still wary of intervention.
Bank of Japan policymakers warned of mounting inflation risks that could require a faster-than-expected pace of interest rate increases, a summary of opinions at their July meeting showed, boosting the case for a September hike.
In commodities, U.S. gold futures GCcv1 rose 0.5% to settle at $4,419.70. Spot gold XAU= was up 1.12% at $4,390.29 an ounce after touching a nine-week peak.
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