European stocks have record in sight on hopes stimulus will stay

European equities rose on Monday, boosted by optimism that curbs to central bank stimulus will be delayed, while traders focused on new additions to Germany’s benchmark.
 

The Stoxx 600 Index was up 0.6% by 12:37 p.m. London time, though a closed U.S. market could cause volumes to be thinner than usual. Germany’s DAX Index advanced 0.6% after gaining new members Zalando SE and HelloFresh SE as part of a revamp of the benchmark.

European stocks are trading within a whisker of a recent record level as attention turns to the outlook for stimulus. Sebastien Galy, macro strategist at Nordea Fund, said