European stocks rose for a second day on Monday, and copper advanced on speculation that central banks would take more steps to stimulate growth, as reports signaled that the global economic slowdown was deepening. The markets in the United States were closed for the Labor Day holiday.

Government bonds rose in Spain, and emerging-market shares climbed for their best gain in two weeks.

The Stoxx Europe 600 index rose 0.8 percent on Monday, and the MSCI Emerging Markets index climbed 0.6 percent. Futures for the Standard & Poor’s 500-stock index rose 0.3 percent, and the Bovespa index in Brazil snapped three days of declines.

The yield on Spain’s two-year note fell 15 basis points, to 3.51 percent. Copper gained 0.8 percent and nickel jumped 1.7 percent.