Global stocks are largely lower Monday, with the dollar extending its declines, weighed on by Beijing's threat of retaliation against countries that strike trade deals to isolate China.

Beijing said Monday it would retaliate against countries that cooperate with the U.S. in trade deals that hurt China’s interests.

"It should be pointed out in particular that China firmly opposes any party reaching a deal at the expense of China's interests," a Chinese commerce ministry spokesperson said. "If this happens, China will never accept it and will resolutely take countermeasures in a reciprocal manner. China is determined and capable of safeguarding its own rights and interests."

That follows a post by President Donald Trump on his Truth Social platform Sunday outlining a list of eight so-called "non-tariff cheating" measures, including currency manipulation and value-added taxes.

U.S. stock futures are pointing lower on the first trading day since indexes ended mixed Thursday to close a holiday-shortened week. 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are 0.9% lower, 澳洲幸运5官方开奖结果体彩网:S&P 500 futures are down 1.1%, and Nasdaq futures are 1.2% lower.

The Stoxx Europe 600 index and Hong Kong’s Hang Seng Index are closed for Easter Monday. Japan's Nikkei ended down 1.3%. 

The dollar fell further and the 10-year Treasury yield rose to 4.36%. The search for safe havens is driving gold prices higher, to more than $3,400, and lifting shares of miners like Newmont (NEM) in premarket trading.