The Dow Jones gained about 100 points as the markets opened on Monday. The S&P 500 rose 0.7%.

U.S. stock futures were up this morning amid the news that governments around the world are in discussions to re-open their countries as coronavirus case numbers appear to be trending down in most places.

Italy and Spain are cautiously setting dates to have some factions of their labor forces return to work, while France's parliament will meet this week to discuss a many-tiered plan to reopen the nation.

The pan-continental Stoxx Europe 600 gained about 2% on Monday, after a similarly high day of trading in Asia.

New York Gov. Andrew Cuomo spoke Sunday of a plan to begin reopening his state that could commence as soon as May 15. Though, he clarified that denser and more heavily impacted areas of the state – likely including all of the five boroughs – would probably not be opened until much later. Mayor Bill de Blasio recently announced that all New York City public pools will remain closed for the entirety of the summer months.

Oil prices fell again on Monday as global storage facilities near capacity.