News Snapshot:
Shares advanced Wednesday in Europe and Asia after U.S. stocks drifted closer to their records. Germany’s DAX climbed 0.9% to 24,309.65, while the CAC 40 in Paris picked up 0.7% to 7,819.43. Britain’s FTSE 100 inched up 0.1% to 8,798.65. The futures for the S&P 500 and the Dow Jones Industrial Average gained 0.2%. South Korea’s Kospi led gains in Asia, jumping 2.7% to 2,770.84 after the liberal opposition candidate Lee Jae-myung was elected president. Lee’s victory caps months of political turmoil triggered by the stunning but brief imposition of martial law by the now-ousted conservative leader Yoon Suk Yeol....