Stocks climb on strong earnings and China stimulus: Markets Wrap

News Snapshot:

(Bloomberg) — Stocks gained as investors rewarded companies for positive earnings updates and as China’s latest move to stimulate its economy boosted resources shares. Most Read from Bloomberg Europe’s Stoxx 600 index climbed 0.8% as mining stocks jumped the most in almost six weeks after the People’s Bank of China said it would cut the reserve requirement ratio for banks on Feb. 5. The move should boost the economy by freeing up liquidity for customer loans and bond purchases. US equity futures gained, led by tech stocks, after Wall Street set fresh closing highs on Tuesday. Asian stocks advanced, with...