World markets rose on Monday, brushing off potential concerns about slower growth in China and a downgrade in Italy’s credit rating over its plans to ramp up public spending.
KEEPING SCORE: Germany’s DAX added 0.6 percent to 11,624 and France’s CAC-40 was 0.4 percent higher at 5,102. Britain’s FTSE 100 gained 0.7 percent to 7,096, while Italy’s FTSE MIB was up 0.8 percent at 19,238.
On Wall Street, the future contracts for the Dow Jones Industrial Average and the Standard & Poor’s 500 were both up 0.3 percent.
