European shares rally as investors begin May in bullish mood

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Reuters

By Tommy Wilkes LONDON (Reuters) – European shares gained on Monday as investors bullish about the global economic recovery looked ahead to a busy week for U.S. economic data that is expected to underline the strength of the rebound. With China, Japan and Britain closed for public holidays, volumes were thin and Asian shares got off to a slow start, with most markets slipping into the red. But investors’ optimistic mood, enhanced by a strong run of corporate earnings the past two weeks, has extended into May in Europe. The Euro STOXX index rose 0.68% in early trading, while the German DAX gain…

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