Shares have advanced in Europe, with the benchmark in Paris up 2.8% after the far-right National Rally gained a strong lead in first-round legislative elections. Other European markets opened higher, while most Asian markets also gained. The euro rose as polling agencies suggested the National Rally might win a majority in the lower house of parliament. On Friday the S&P 500 slipped 0.4% but remained close to the record high it set a week earlier. The Nasdaq composite fell 0.7% and the Dow slipped 0.1%. Treasury yields rose in the bond market after a closely watched report that showed inflation continues easing.
