European stocks rose to a record and U.S. index futures advanced amid earnings surprises and optimism the recovery in the world’s largest economy is on track.
December contracts on the S&P 500 Index climbed 0.3% after the underlying gauge posted the biggest monthly gain since last November. Retailers’ shares rallied in Europe. The dollar advanced as investors awaited this week’s Federal Reserve meeting for clues on stimulus tapering. Commodities fell as China’s manufacturing shrank for a second month.
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November 01, 2021 at 04:34AM
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