Global stock markets mostly held on to recent gains Tuesday, with major bourses on track to end the month sharply higher. On Monday, stocks in Europe and Asia inched higher as investors considered the prospect of a U.S. interest rate rise. Futures pointed to a flat opening for the S&P 500, on track for its highest monthly closing level since December. The euro was down 0.2% against the dollar at $1.1125 ahead of key data on eurozone inflation due later in the morning. Still, following five consecutive sessions of gains, the pan-European index was on track to rise 2.3% in May, its best monthly performance since November.

Source: Wall Street Journal May 31, 2016 08:00 UTC