Europeans stocks pushed higher Monday, with Spanish and Greek shares gaining in the wake of sovereign ratings upgrades and closing at a 5-month and almost three-year highs, respectively. The Stoxx Europe 600 index SXXP, +0.31% ended up 0.3% at 402.11, closing at its highest since August 2015. Last week, the pan-European gauge rose for a third consecutive week.

U.S. stock-market indexes closed at records on Monday after the Senate approved a procedural bill that would allow the government to end a multiday shutdown. The S&P 500 SPX, +0.81% rose 22.67 points, or 0.8%, to 2,832.97. The tech-heavy Nasdaq Composite index COMP, +0.98% advanced 71.65 points, or 1%, to 7,408.03, largely fueled by gains in biotech shares.

Most Asian stock markets rose further Tuesday morning, with strong U.S. earnings lifting investor confidence. Major stock indexes in Japan, Hong Kong and South Korea SEU, +0.98% rose as much as 1% by midday after the U.S. Congress voted to end a government shutdown.