European stock-index futures advanced, after the longest weekly rally since August 2012 sent equities to a six-year high, on bets the global economic recovery remains on track. U.S. index futures were little changed, while Asian shares climbed.
Futures on the Euro Stoxx 50 Index expiring this month added 0.3 percent to 3,302 at 7:02 a.m. in London. Contracts on the U.K.��s FTSE 100 Index gained 0.2 percent. Trading in Norway, Denmark, Switzerland and Iceland will be closed today for the Whit Monday holiday. Standard & Poor��s 500 Index futures fell less than 0.1 percent, while the MSCI Asia Pacific Index increased 0.2 percent.
The Stoxx Europe 600 Index advanced 0.9 percent last week, its eight consecutive weekly advance, after European Central Bank President Mario Draghi unveiled new plans to stimulate the region��s economy. The gauge extended its highest level since January 2008 on June 6, and is trading at 15.5 times the projected earnings of its members, the highest valuation since 2009, data compiled by Bloomberg showed.
Source : Bloomberg