In Australia, the S&P/ASX 200 Index is up 0.18% at 8,325.50, recovering from losses in the previous session. Gains are led by iron ore miners and technology stocks, while gold miners weigh on the index.

SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

Most Asian markets rose Monday following a rally on Wall Street and record-breaking day in Europe, with sentiment boosted by positive talks between Donald Trump and Chinese President Xi Jinping