Stocks Rise as First-Half’s Positive Tone Persists: Markets Wrap


Source: finance.yahoo.com finance.yahoo.com

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(Bloomberg) — Stocks kicked off the new quarter with gains, supported by positive momentum from Wall Street and signs of moderating US inflation. Most Read from Bloomberg Mining and energy stocks led the advance in Europe on Monday, while a gauge of Asian equities climbed more than 1%. Shares of Asian electric-vehicle makers and related suppliers advanced, benefiting from Tesla Inc. and BYD Co. setting sales records in the second quarter. Japan’s Topix index rose as it continued to reach highs last seen in mid 1990 amid improved confidence among big manufacturers. Futures for the S&P 500 were flat and...