U.S. stocks jumped, with tech shares leading the way, as a huge rally in Chinese markets pushed a global equity benchmark toward a one-month high. The S&P 500 Index headed toward its fifth-straight increase and the Nasdaq Composite rose to a record. Amazon.com Inc. shares reached $3,000 for the first time and Tesla Inc. extended a five-day rally to almost 40%. Uber Technologies Inc. surged after the company agreed to buy Postmates Inc. in a $2.65 billion all-stock deal. The Stoxx Europe 600 Index climbed more than 1.5% while developing-nation stocks added more than 2.5%. “Investors have recognized that as bad as the economy in the U.S. is, it’s not as bad as what people thought it would look like in March and April,” said Nancy Prial, the co-chief executive officer at Essex Investment Management. “The market has started to sense we might see better than anticipated results fairly broadly across a wide spread of companies.” source