World markets are mostly higher after Wall Street rally

World markets are mostly higher after Wall Street rally Updated 12 mins ago Shares in Europe and Asia are mostly higher, with Japan's benchmark creeping closer to the symbolically important 50,000 level as conservative lawmaker Sanae Takaichi became the country's first female prime minister. U.S. futures edged lower. On Monday, U.S. stocks rallied to the cusp of their records. The S&P 500 climbed 1.1% and the Dow industrials also gained 1.1%. The Nasdaq composite index gained 1.4%. Amazon’s stock held up despite a widespread outage for its cloud computing service that disrupted the internet around the world. This week will feature a slew of big names reporting their latest quarterly results, including Coca-Cola, Tesla and Procter & Gamble.