Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain. U.S. futures and oil prices were higher. Chinese stocks got a lift after the central bank lowered its 14-day reverse repurchase rate to 1.

U.S. stock indexes added slightly to their record highs in relatively subdued trading on Wall Street. The S&P 500 rose 0.3% Monday, beating the all-time high it set on Thursday. The benchmark index is coming off its fifth winning week in the last six.

In the bond market, the yield on the 10-year Treasury held steady at 3.74%, where it was late Friday. The yield on the two-year Treasury, which moves more with expectations for Fed action, edged down to 3.58% from 3.60% late Friday.