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EUROPE MARKETS: Europe Stocks Extend Rally, Track U.S. Higher

European stock markets extended gains in choppy trade on Monday, with car makers in the driver's seat after a broker upgrade, while the broader sentiment tracked the U.S. higher.The U.K.'s FTSE 100 jumped to the highest close since September 2000.Volume was low as several markets across mainland Europe was closed for Whit Monday.The Stoxx Europe 600 index rose 0.3% to 309.77, closing at the highest level since June 2008.Last week, the index closed with a fourth straight week of gains, boosted by aggressive easing measures from central banks, which offset worries about growth in the euro zone. Lackluster growth data from the currency bloc actually supported the upbeat sentiment last week, as it raised speculations the European Central Bank could cut rates further."We're seeing a bit of a hangover from the mood we had last week, but it's still very much the same sentiment," said Victoria Clarke, economist at Investec Securities. "There is further optimism about the months ahead and we're...

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