REFUNDING FUEL, MEGACAPS UPDATE AND CHINA AILING

A look at the day ahead in U.S. and global markets from Mike Dolan

Spurred by falling estimates of U.S. Treasury borrowing, a sweep of megacaps earnings updates and this week's upcoming Federal Reserve decision, Wall St. stocks and bonds have surged anew - in stark contrast to another slide in China's ailing markets.

U.S. assets got a fresh lift late on Monday after the U.S. Treasury cut its estimate of first quarter borrowing and refunding needs by $55 billion to $760 billion - mainly due to higher revenue from surprisingly brisk growth and higher cash balances.

Learn More