Stocks extend advance after Wall Street’s record: Markets Wrap

News Snapshot:

(Bloomberg) — European stocks and US futures rose, extending the rally in global equities that pushed the S&P 500 Index to a record-high Friday. Most Read from Bloomberg Europe’s Stoxx 600 index climbed 0.8% in early trading Monday, with banking, real estate and tech stocks among those leading the advance. Tech shares led gains in US futures contracts after the S&P 500 rose beyond 4,800 last week amid optimism over expected Federal Reserve interest-rate cuts and the artificial-intelligence boom. Chinese stocks bucked the trend as pessimism over the nation’s faltering recovery fueled further losses. After hitting a low in October...