Brussels - Saba:
European stocks closed higher on Monday, driven by investor optimism about easing US-China trade tensions.
The pan-European STOXX 600 index gained 0.5%, marking its fifth consecutive gain for the first time since January.
The healthcare sector led the gains with a 1.3% rise, boosted by Novo Nordisk. The banking index also rose 1%. Britain's FTSE 100 gained slightly by 0.02%, extending its rise to an eleventh day, its best performance since late 2019.
France's CAC 40 rose 0.5%, and Germany's DAX rose 0.06%. Investors are awaiting inflation reports in Europe and the US, as well as the US jobs report due on Friday.
European stocks closed higher on Monday, driven by investor optimism about easing US-China trade tensions.
The pan-European STOXX 600 index gained 0.5%, marking its fifth consecutive gain for the first time since January.
The healthcare sector led the gains with a 1.3% rise, boosted by Novo Nordisk. The banking index also rose 1%. Britain's FTSE 100 gained slightly by 0.02%, extending its rise to an eleventh day, its best performance since late 2019.
France's CAC 40 rose 0.5%, and Germany's DAX rose 0.06%. Investors are awaiting inflation reports in Europe and the US, as well as the US jobs report due on Friday.