World stocks gain after Wall Street has best day in 6 weeks

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Shares were mostly higher Monday in Europe and Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks.

Germany's DAX gained 0.4% to 15,644.08 and the CAC 40 in Paris was up 0.7% at 7,397.31. London's FTSE 100 edged 0.1% lower to 7,941.38. The future for the S&P 500 gained 0.2% while that for the Dow Jones Industrial Average was up 0.2%.

At the annual session of China's rubberstamp legislature, the government set this year's economic growth target at "around 5% " as it tries to rebuild business activity following the end of anti-virus controls that kept millions of people at home. Tokyo's Nikkei 225 gained 1.1% to 28,237.78 and the Kospi in Seoul added 1.3% to 2,462.62. The S&P/ASX 200 in Australia added 0.6% to 7,328.60. India's Sensex climbed 0.9% to 60,324.58 and shares rose in Taiwan. Thailand's markets were closed for a national holiday.

Last month, stocks fell after reports on the economy came in hotter than expected. They included data on the jobs market, consumer spending and inflation itself at multiple levels.

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France Dernières Nouvelles, France Actualités

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