LONDON—World stocks rallied on Monday, with sentiment supported by China’s efforts to shore up its battered markets and lift confidence towards the world’s No.2 economy.
Europe’s broad STOXX 600 index hit a two-week high, a day after posting its biggest one-day jump in about a month on China hopes. London’s blue-chip FTSE rallied over 1 percent, playing catch-up after Monday’s UK public holiday, while U.S. stock futures suggested a firm open for Wall Street later on.
