European markets finished higher. In London, the Financial Times Index gained 26.60 points, or 0.45%, to 5,94133.90. In Germany, the DAX index added 63 points, or 1.02%, to 6,249.87. In France, the CAC 40 was up 13.80 points, or 0.24%, to 5,652.04.
Asian markets closed higher. In Tokyo, the Nikkei 225 closed up 299.06 points, or 2.15%, to 14,176.83. The rise was supported largely by foreign investors adjusting positions with the reshuffle in the MSCI index. In Hong Kong, the Hang Seng jumped 262.09 points, or 1.95%, to close at 13,721.27.
Canadian financial markets were closed Monday for the Victoria Day holiday. Regular trading will resume Tuesday, May 22.