MSCI's gauge of stocks across the globe gained 0.33 percent, reaching a fresh two-month high. On Wall Street, the Dow Jones Industrial Average rose 175.48 points, or 0.7 percent, to 25,239.37, the S&P 500 gained 18.34 points, or 0.68 percent, to 2,724.87 and the Nasdaq Composite added 83.67 points, or 1.15 percent, to 7,347.54. The pan-European STOXX 600 index rose 0.06 percent as the heavyweight banking sector fell following poor results from Julius Baer.
NEW YORK: A gauge of global stocks hit a two-month high on Monday, as gains for technology and industrial shares fuelled a rise on Wall Street, while the U.S. dollar gained for a third straight session against a basket of currencies and U.S. Treasury yields rose.
Oil prices pulled back after reaching their highest levels in roughly two months.