European stocks opened higher on Monday, looking to shake off the volatility seen at the start of the year.
regional Stoke 600 In early trading, the index was up 0.3%, while sector gains were driven by technology and autos, which were up 1.4% and 1.3%, respectively.
Finnish fuel producer Neste led gains, rising nearly 5%, extending positive momentum announced last week Its largest-ever sustainable aviation fuel supply contract.
The Stoxx 600 had a mixed performance last week, but closed 0.2% higher as global stock markets got off to a bad start in 2025. Market sentiment is likely to continue to be complicated this week as traders look for more clues about the direction of the global economy and prepare for Donald Trump’s return to the White House.
It’s a relatively quiet day for data and earnings in Europe, but Spanish business activity and German inflation figures are due soon.
Overnight, Asia-Pacific markets were mixed on Monday as investors assessed business activity data from China and Hong Kong.
Meanwhile, U.S. stock futures were little changed in early trade on Monday as investors looked ahead to Friday’s December jobs report. The data will be one of the last key pieces of data before the Federal Reserve meets at the end of the month.
Investors within the U.S. will also be watching Tuesday’s job openings and labor turnover surveys and Wednesday’s December ADP employment survey.
The U.S. trading week will be shortened this week, with the New York Stock Exchange closed Thursday to mourn the death of former President Jimmy Carter.
— CNBC’s Tanaya Macheel contributed to this market summary
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