Corporate news and solid economic data in the U.S. and China boosted shares in Europe and the U.S. on Monday. "The debate is starting to move on from where we've been in the past few months where [U.S. Federal Reserve] tapering has been the dominating headline. The economy isn't simply being driven by central-bank liquidity; it's far more fundamental than that," said Henk Potts, a strategist at Barclays Wealth & Investment Management in London.

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