World stock markets rose on Monday, after climbs in Asia as governments intervened to boost their economies.
However, rises in the United States and Europe were less dramatic than in Asia.
The Dow Jones Industrial Average added 0.04% in morning trade. Markets in Europe pared earlier gains, with Germany's Dax, France's Cac and London's FTSE 100 edging 0.1% up.
The MSCI index in the Asia-Pacific region rose 5.1% but traders were cautious, saying uncertainty remained.
India's Sensex rose some 440 points or 4.6%. Hong Kong's Hang Seng index rose 3%.
Japanese markets were closed for a holiday.
Central banks in the US, Japan, China, as well as India, have all cut borrowing costs to boost their economies in the last week.
There are growing expectations that the Bank of England and the European Central Bank will follow suit this week.