Markets

European stocks rise after holiday; bonds advance: Markets Wrap

Technology stocks were among the biggest gainers as Prosus NV rebounded from a slump

On the downside, container shipping firms fell after AP Moller-Maersk AS said it’s preparing to resume shipping through the Red Sea

Shares in Europe rose after a holiday break, tracking gains in Asia and on Wall Street as investors bet that the Federal Reserve will cut interest rates as early as March.

The Stoxx Europe 600 climbed 0.3% in early trading. Technology stocks were among the biggest gainers as Prosus NV rebounded from a slump triggered by a selloff in Tencent Holdings Ltd. Miners advanced as iron ore held near an 18-month high, with Anglo American ...