European stocks rallied at the start of the new trading week as a late test vote in the Senate on Sunday raised expectations for a bipartisan deal to fund the government, lifting investor sentiment across regions.
US stock futures climbed, and European indices followed suit.
Germany’s DAX rose 1.5%, France’s CAC 40 gained 1.4% and London’s FTSE 100 advanced 0.8% at around 11:00 CET. The uptick reflected renewed optimism that the shutdown, which has hindered access to key economic data, could soon end, alleviating uncertainty for markets.
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