European Stocks Rebound from Earlier Losses to Close Higher

European stocks closed higher on Monday, starting the week with a positive performance after rebounding from earlier losses.

The STOXX Europe 600 index rose by 0.7% and closed at 455.23 points.

Similarly, the STOXX 50 index finished higher by 0.71% at 4,112.33 points.

The French CAC40 and the UK’s FTSE100 rose by 0.51% and 0.64%, respectively.

Meanwhile, the German DAX surged by 1% and closed at the level of 15,603.24 points.