Global Stocks Rise as China Signals Stimulus for Shanghai

International stocks rose Monday, extending a rally that has pared some of this year’s losses, while U.S. markets were set to stay closed for the Memorial Day holiday.

The Stoxx Europe 600 rose 0.8%, led by shares of technology and luxury-goods firms. London’s FTSE 100 edged up 0.2% and Germany’s DAX climbed 0.8%.

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