Asian stocks advanced Monday after U.S. stock indexes drifted near their records, with the Dow Jones Industrial Average closing above 40,000 for the first time. U.S. futures rose, and oil prices climbed as investors focused on the Middle East, where a helicopter carrying Iranian President Ebrahim Raisi and other officials crashed in the mountainou s northwest reaches of Iran on Sunday. China's market extended last week's gains after the central bank announced new support for the property industry, including cutting required down payments for housing loans, cutting mortgage interest rates for first and second home purchases and removing a mortgage rate floor.
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STOCK ALERT U.S. stocks are poised to open higher on Monday, ahead of the release of the Federal Reserve’s May meeting minutes, more retail earnings, and fresh housing data. On Sunday, at 6:15 p.m. Eastern time, Dow Jones Industrial Average futures were up 36 points, or 0.